613 karma · joined November 2, 2022
However, the PPI can still be a leading indicator of the direction that consumer prices are moving. Here's a recent article from the Federal Reserve on this question:
> However, we also see a considerable positive correlation between lagged values of monthly PPI inflation and the current month's inflation. In particular, the correlations between current monthly PCE inflation and previous months' PPI inflation up to seven months back are all greater than 0.3. This is our first clue that PPI inflation contains information for future changes in the PCE price index.
https://www.richmondfed.org/publications/research/economic_b...
It is true that there are other factors which can drive inflation and rising consumer prices. However, if the recent bout of inflation was caused by supply chain issues, or by food + energy costs rising, then a decline in producer prices would probably slow consumer price inflation.
If owner equivalent rent is moving lower (which it was in October), and if prior inflation was caused by supply chain tightness or higher input costs, than a lower PPI could indicate that supply chain tightness has eased, and goods inflation will head lower or stabilize.
It's also worth noting that CPI moves slower than PPI because rents make a pretty big percentage of CPI, and rents move slower than PPI due to how the BLS measures them. It is _a_ leading indicator, but not the _sole_ leading indicator.
If we care about reducing carbon, we'll probably get more milage out of more walkable cities, expanded public transit, and e-bikes/scooters for local trips.
Western Europe, Japan, South Korea, Taiwan, all received extensive economic development support from the US from 1940's-1970's, which helped a lot with that rapid industrialization.
As described in the article, companies that control supply chains can squeeze suppliers so that all the surplus accumulates in wealthier countries, instead of with the suppliers. That is not an inevitability, it is a choice made by “our society”.
My point was against the sense of inevitability in the parent reply. We can imagine and enact a more equitable distribution. We don’t even need to mess around with socialism for decades to do it
The fact that things are that way currently, is not an argument that things should be that way. It's worth discussing what in the current system necessitates that children work or starve, and whether that's fixable.
The article provides no data, so it's unclear if this measure will actually help.
If COVID had an incubation period of a 1-2 weeks, it's also possible for the outbreak to occur in a city center that is not a likely location for human/bat/animal interactions, so the percentage will increase further.
My point isn't whether it's credible, just that one of the most powerful people in the world expressed support for Lab Leak very early on
The President was also claiming the virus came from WIV back in May 2020. It was a common theory in some media circles
In other words, it may not mean 94% chance of divorcing if you get married
EDIT: Looks like the number was pulled from here: https://en.wikipedia.org/wiki/Divorce_demography
Which is calculated by the ratio of:
# of divorces per 1000 people per year
divided by
# of marriages per 1000 people per year
Looking at the table, Portugal has the lowest marriage rate per 1000 per year of all the countries listed, but an average divorce rate.
- You might not be allowed to ship code without oversight
- You might have to complete a post mortem and analysis of what went wrong
- If you were negligent (e.g., you skipped protocol to ship on a 4/20 joke), you might be fired
The FAA is basically saying “Something went way outside parameters here and you caused a lot of damage. Take a pause and figure that out”, and the parent poster is mad about that
It's even possible that the rocker exploded because they failed to follow those practices
If you wanted to use this metric, you'd need to compare the incidents per square mile of different neighborhoods or city centers. Just doing incidents/mi^2 for a whole city is nonsense