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edgarageous.bsky.social @edgarageous.bsky.social

Every lefty loves the idea of full employment until they have to buy services

aug 28, 2025, 11:26 am • 0 0

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loydchristmas.bsky.social @loydchristmas.bsky.social

Just to be clear, you think full employment in the US was responsible for inflation rate spiking in 2021-2023?

aug 28, 2025, 12:07 pm • 1 0 • view
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kevinwglass.bsky.social @kevinwglass.bsky.social

Coffee is up way way more than the basket of all foods

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aug 28, 2025, 11:38 am • 1 0 • view
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edgarageous.bsky.social @edgarageous.bsky.social

You're literally looking at the chart that includes all inputs to the prepared coffee product, including rent and labor.

aug 28, 2025, 11:40 am • 0 0 • view
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edgarageous.bsky.social @edgarageous.bsky.social

Raw coffee has actually inflated too - because we created inflation and people are willing to pay more for coffee either at home or out - but as with many commodities, the price is volatile. And is a tiny fraction of what you pay for at the cafe. fred.stlouisfed.org/series/APU00...

aug 28, 2025, 11:44 am • 0 0 • view
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kevinwglass.bsky.social @kevinwglass.bsky.social

wow ground coffee up 30%, all coffee up 15%, and all food only up 2.8%. Pretty crazy price increases on coffee compared to all foods yoy

aug 28, 2025, 11:54 am • 0 0 • view
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kevinwglass.bsky.social @kevinwglass.bsky.social

It's the same for the food

aug 28, 2025, 11:41 am • 1 0 • view