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whimsicalism
on Nov 3, 2022
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Number of unemployed persons per job opening
There has not been a 40% rate of inflation for durable goods.
Real PCE
https://fred.stlouisfed.org/series/PCEDGC96
randomdata
on Nov 3, 2022
[–]
That's the same chart, except in real dollars. It still only provides price. Price does not tell us anything about the supply and demand components individually. Price is the product of supply and demand put together.
It's okay, I'll wait.
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Real PCE https://fred.stlouisfed.org/series/PCEDGC96