Row 88130

Row ID: 88130 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 88130 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I think the disconnect is the reports look at standard date ranges (YoY, last quarter, etc) while people look at relative dates. Most people complaining about inflation are looking at the last few years. Overall their buying power is less than it was in 2021-2022 so they rightfully think inflation is bad. Economists look at QoQ and they rightfully think inflation is reasonable.

Tldr; the shock of inflation outpacing wages (mid 2021 - Dec 2022) has an outsized persistence in people's memory.

https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/

Humans are weird.

FieldValue
text I think the disconnect is the reports look at standard date ranges (YoY, last quarter, etc) while people look at relative dates. Most people complaining about inflation are looking at the last few years. Overall their buying power is less than it was in 2021-2022 so they rightfully think inflation is bad. Economists look at QoQ and they rightfully think inflation is reasonable. Tldr; the shock of inflation outpacing wages (mid 2021 - Dec 2022) has an outsized persistence in people's memory. …
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1xbXhEd19NTnhKbkU5dkU1dVBqRkZjZG83eXVLWUFfdGF1YllvTmUxaGlNTm1ZcVRzSFFiaF9UM1BaRkNVUE9UdUFGdVcyYVF0SVYySVdkQ01BbnpVS2c9PQ==
url_encoded Z0FBQUFBQm5Lak83MVRSWk94YjJRRFdDYkxCcWt4eHpYQUVnaXprWm81ZjVSN3E0RW45TVdrNGluMWF3NFZoZzZFX04wb2xVR1BtTnBpUjJZY21VaWJDbUtXSmxKQTBHblQ5eUcxMUxMYXNtZjlrS0dYXzhpMFF1RFpSbnl5bDVmd19yUGdQWFZJUkhfTGxVMWhneG52ckRfX0YtY3p4NklpZWswWnFYUDBxOFhMbHZUOTJNQnhORTdzaktIYkZPTGVZZk1ZaXd4RTRYeFJKcWhvMTNzeGR2em9BZjN3MUl1dz09

Raw Record

{
  "text": "I think the disconnect is the reports look at standard date ranges (YoY, last quarter, etc) while people look at relative dates. Most people complaining about inflation are looking at the last few years. Overall their buying power is less than it was in 2021-2022 so they rightfully think inflation is bad. Economists look at QoQ and they rightfully think inflation is reasonable. \n\nTldr; the shock of inflation outpacing wages (mid 2021 - Dec 2022) has an outsized persistence in people's memory.\n\n https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/\n\nHumans are weird.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1xbXhEd19NTnhKbkU5dkU1dVBqRkZjZG83eXVLWUFfdGF1YllvTmUxaGlNTm1ZcVRzSFFiaF9UM1BaRkNVUE9UdUFGdVcyYVF0SVYySVdkQ01BbnpVS2c9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak83MVRSWk94YjJRRFdDYkxCcWt4eHpYQUVnaXprWm81ZjVSN3E0RW45TVdrNGluMWF3NFZoZzZFX04wb2xVR1BtTnBpUjJZY21VaWJDbUtXSmxKQTBHblQ5eUcxMUxMYXNtZjlrS0dYXzhpMFF1RFpSbnl5bDVmd19yUGdQWFZJUkhfTGxVMWhneG52ckRfX0YtY3p4NklpZWswWnFYUDBxOFhMbHZUOTJNQnhORTdzaktIYkZPTGVZZk1ZaXd4RTRYeFJKcWhvMTNzeGR2em9BZjN3MUl1dz09"
}
Explore Dataset Explore Row

Entry Information