Swamp cooler is on.





When the lion kingdom sees the BLS graph, it only sees 10 years where inflation just happened in Calif* instead of the national city average, followed by the last 3 years when the Calif* city average became the national city average. The 1979 rise no longer shows up compared to today. The graph is steeper in the last 3 years than at any other point & every other steep climb led to a recession.

The stonk market must have been surprised by the latest 12% annualized rise.  For 15 years, we got used to the idea that inflation was just a Calif* thing.  It didn't count as the national city average, so the government would never raise interest rates no matter how high inflation was.  Everyone in Kansas is now a multi millionaire.  










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