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by readthenotes1 1322 days ago
From Oct 2021, when the bureaucrats in charge were claiming inflation was transitory...
1 comments

So where would inflation be if there was no war in Ukraine and a massive energy crisis Several months later?

Do you think the sudden loss of energy, which affects our ability to produce everything, has had a negligible effect on inflation?

It has had a measurable effect on inflation. However it is not the most significant impact on it. You can look at the rates of inflation before the war started and see how high they were.

If you want to adjust for reality, then find the actual rate of increase for rent and home ownership during the time frame. The US data lags considerably.

Dodging the question though. How much of an effect? Because I’m inclined to guess upwards of 3 points. Because high energy costs affect everything. And if that’s true… not really much of a story.
I wasn't trying to dodge the question, I was figuring that you could actually look up the inflation rate in February of 2022 in compare it to April 2022 for yourself.