Per Warsh’s testimony to the Senate: “What I'm most interested in is: What's the underlying inflation rate? Not: What's the one-time change in prices because of a change in geopolitics or change in beef?”
Warsh wants to change to Trimmed Mean PCE inflation, where the rate is 2.3% vs 3.3% as of March 2026.
Posted by Adminisnotadmin
2 Comments
if we adjust for all the things causing inflation then you can see, there is no inflation at all ! By the way if this passes, the normies can unironically claim the vibecession is real because the “official” government stats have their criteria adjusted to make themselves look good
Let’s measure inflation but leave out the driver of inflation
I just hope if they screw everything up that I can refi my mortgage at a low rate first