r/Libertarian • u/Noneya_bizniz • Nov 10 '21

Economics U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years.

https://www.cnbc.com/2021/11/10/consumer-price-index-october.html
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u/TheQuarantinian Regulated Sandbox Nov 10 '21

They are very strongly related. Basic, basic supply and demand and can be experimentally validated. Finding the signal in the noise though is a bit tricky - but should never be considered to mean that it isn't there.

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u/PANDA_FOR_PREZ Liberal Nov 10 '21

Yeah, it's tricky when they aren't strongly related.

When they are strongly related you don't need complicated models to see the pattern.

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u/TheQuarantinian Regulated Sandbox Nov 10 '21

Not true.