Chart of the Day: Inflation Is Down, Down, Down

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Sometimes it’s worth posting the same chart over and over in order to elbow it firmly into the public consciousness. So here’s the inflation chart again. This version comes via Matt O’Brien, and it covers four of the biggest economies in the world. The message is simple: inflation is down everywhere. There are blips from month to month, but ignore them. The big picture couldn’t be clearer.

Bottom line: Nobody knows what will happen in the long term, but for now we simply shouldn’t be worrying about inflation. We should be worrying about growth and unemployment. Inflation just isn’t a problem.

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THIS IS BIG FOR US.

And we won't beat around the bush: Our fundraising drive to finish our current budget on June 30 and start our new fiscal year on July 1 is lagging behind where we need it to be.

If you value the reporting you get from Mother Jones and you can right now, please consider joining your fellow readers with a donation to help make it all possible. Whether you can pitch in $5 or $500, it all matters.

If you're new to Mother Jones or aren't yet sold on supporting our nonprofit reporting, please take a moment to read Monika Bauerlein's post about our priorities after these chaotic several years, and why this relatively quiet moment is also an urgent one for our democracy and Mother Jones’ bottom line—and if you find it compelling, please join us.

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