Red Mosquito

elliseamos wrote: So it was already heading down and then the equation was changed? Or the changed caused that sudden drop?

The Fed had largely reined in inflation by 1983. They raised interest rates dramatically under Volcker starting in '79. There was a double dip recession but they succeeding in getting inflation under control.

4/5 wrote:

elliseamos wrote: So it was already heading down and then the equation was changed? Or the changed caused that sudden drop?

The Fed had largely reined in inflation by 1983. They raised interest rates dramatically under Volcker starting in '79. There was a double dip recession but they succeeding in getting inflation under control.

My understanding is that the change was an improvement, trying to make the housing component better reflect the actual cost of housing as opposed to the cost of buying a house.

4/5 wrote:

4/5 wrote:

elliseamos wrote: So it was already heading down and then the equation was changed? Or the changed caused that sudden drop?

The Fed had largely reined in inflation by 1983. They raised interest rates dramatically under Volcker starting in '79. There was a double dip recession but they succeeding in getting inflation under control.

My understanding is that the change was an improvement, trying to make the housing component better reflect the actual cost of housing as opposed to the cost of buying a house.

Got it. Thanks.

Right, Volcker's interest rate hikes were massive, but the chart --- presented was confusing.

Apparently today's inflation has "peaked" so all's well!

Anybody else get the feeling the whole subscription TV model is insanely unworkable?

I wonder if they are rethinking dropping Russian subs, or if they weren't a big revenue stream anyway.

BurtReynolds wrote:Anybody else get the feeling the whole subscription TV model is insanely unworkable?

They’ll start cracking down on login sharing and be okay.

And I was just thinking the other day that we’re in the glory days of streaming, where accessibility and content are intersecting at their greatest point. Oh well.

I saw an add for a movie about a pregnant guy on Netflix the other day. It wasn't Junior either.

I’ve been meaning to cancel my subscription. One day closer.

I did a while ago. No good content

verb_to_trust wrote:I did a while ago. No good content

Seinfeld

4/5 wrote:

verb_to_trust wrote:I did a while ago. No good content

Seinfeld

I can’t keep track of these series bouncing all over different platforms!

4/5 wrote:

verb_to_trust wrote:I did a while ago. No good content

Seinfeld

I watched that during 2020 boredom. I didn't think it was as funny as I did before.

verb_to_trust wrote:

4/5 wrote:

verb_to_trust wrote:I did a while ago. No good content

Seinfeld

I watched that during 2020 boredom. I didn't think it was as funny as I did before.

Oof that's a cold take. We're watching again now, just started season 7 it's every bit as good as I remember.

Tech stocks been getting murdered lately.

tragabigzanda wrote:

verb_to_trust wrote:I saw an add for a movie about a pregnant guy on Netflix the other day. It wasn't Junior either.

Yeah Burt, this is the real problem. Netflix’s original content is 95% dogshit.

Sad but true.

Yesterday the market was up over 900 points, it’s biggest single day in two years. The said it was The Fed increasing the prime by half a percent.
Today the market is down 1200 points and they’re saying it’s fallout over the rate increase?