
@realmacroecon🇺🇦🇪🇺
43.3K posts

@realmacroecon🇺🇦🇪🇺
@RealMacroEcon
Raw, Insightful, Authentic Econ. Like, followp, subscribe if you want to trade with #MarketReality not fantasy! #FinancialEducation #Investing #RiskManagement






This is not a hard concept to grasp. 👇








“California has 40 million people in it… if you take away 200 guys, the billionaires, if you take them out of the equation, we lose 47 % of our revenue. Many of those billionaires have moved already or are in the process of moving. 47% of California tax revenue… gone.

Housing, especially rented dwellings (rent costs) remain deflationary at -5.4% today (!). Housing is the largest component of our CPI and also the BLS CPI. However, the BLS housing index differs substantially from our index; it lags by more than a few months and is much less responsive to current rent price changes. The inferiority of the BLS rent index has been extensively researched by Penn State University and covered in multiple research papers. sites.psu.edu/inflation/publ…






BREAKING: Democrats and Republicans are now tied at 50% to win the Senate.




















