this post was submitted on 19 Jan 2024
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[–] [email protected] 12 points 7 months ago (1 children)

Okay, can someone explain THIS giant load of seeming bullshit to me?

They are talking macroeconomics, you're talking household economics.

[–] [email protected] 1 points 7 months ago

Household economics are both micro AND macro.

The handwaving that typically occurs when people try to throw a layer of obfuscation into economic conversations is both disingenuous and counterproductive to actual fruitful discussion about the current state of things.

You might as well just say "money is wealth" or "what's good for the goose".

The reality is we've been chasing a short run fallacy for a really, really long time now and there's more and more in the way of misrepresented statistics in order to keep everyone from examining all of the indirect consequences.