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   Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 12-Jul-2024 23:44:37 JST Bread up, Bro
   ppi still pumping
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Saturday, 13-Jul-2024 00:39:42 JST BowserNoodle ☦️

     in reply to

     • VikingWays
     @VikingWays @sickburnbro CPI = what end users (final demand)
     PPI = producers (product will be turned into a CPI good after one or more works done to it)
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     VikingWays (vikingways@nicecrew.digital)'s status on Saturday, 13-Jul-2024 00:39:43 JST VikingWays

     in reply to
     What are considered Final Demand Services?
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Saturday, 13-Jul-2024 00:44:19 JST BowserNoodle ☦️

     in reply to

     • Diogenese_Shiplap
     @Diogenese_Shiplap @sickburnbro What's interesting is that PPI has long been the 'official' litmus test for inflation, but it's not lined up with consumers. There should be some elasticity between consumer price and producer price, and historically a lot of companies worked on tightening margins or changing supply or other cost cutting to up both without hitting end user cost. The last few years have been a big middle finger to that, with some producers (e.g. fast food) doing massive increases in their end user costs for margin increases. McDonald's is now profiting like crazy on their food instead of volume requirements, but it's too bad it still sucks ass.
     Bread up, Bro likes this.
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     Diogenese_Shiplap (diogenese_shiplap@poa.st)'s status on Saturday, 13-Jul-2024 00:44:20 JST Diogenese_Shiplap

     in reply to
     @sickburnbro CPI + PPI x 2 = inflation.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Saturday, 13-Jul-2024 00:44:22 JST Bread up, Bro

     in reply to

     • BowserNoodle ☦️
     • VikingWays
     @BowsacNoodle @VikingWays c = consumer
     BowserNoodle ☦️ likes this.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Saturday, 13-Jul-2024 00:47:13 JST Bread up, Bro

     in reply to

     • BowserNoodle ☦️
     • Diogenese_Shiplap
     @BowsacNoodle @Diogenese_Shiplap this is what I've talked about for a while, when companies and consumers start expecting insanity, they don't look to optimize within the environment they are currently in but look to insulate against what they fear might come.
     
     This then in turn increases the chaos, as then people see things like fast food prices jumping out of line with CPI and then feel even more helpless and then look to insulate against *that*
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     VikingWays (vikingways@nicecrew.digital)'s status on Saturday, 13-Jul-2024 00:47:26 JST VikingWays

     in reply to

     • BowserNoodle ☦️
     I was asking the term "Final Demand Services" if that is defined somewhere? I tried to a google search and it was sporadic
     Bread up, Bro likes this.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Saturday, 13-Jul-2024 00:50:17 JST BowserNoodle ☦️

     in reply to

     • Diogenese_Shiplap
     @sickburnbro @Diogenese_Shiplap We are lucky that it's "only" affected fast food in this way, because this would be Weimar tier hyperinflation if other markets were hit with similar instability.
     >when companies and consumers start expecting insanity, they don't look to optimize within the environment they are currently in but look to insulate against what they fear might come.
     Nailed it. Might bring this up in my next stakeholder steakholder meeting (we're eating steaks in the meeting).