"It’s a form of shrugflation (can’t help a portmanteau) – usually, money gets expensive and people borrow less, right? Gas gets expensive, you drive less. That’s the whole thing. But right now, a war has made energy expensive and the Fed can’t do anything about that, because you can’t go to a Strait and say listen buddy I’m hiking rates over here. All you can do is make borrowing cost more.
And the two biggest borrowers in the economy hear that and just sort of … shrug?"
https://kyla.substack.com/p/the-shrugflation-triangle-how-ai
Joshua "Headless" Byrd 🎃
npub1m0…umqsy
2026-10-15 00:07:06 UTC
Author Public Key
npub1m0ew054uctaqtq370nh6ktlnfaczgnfu9q9upu884yl2r5tefh9ssumqsySeen on
wss://relay.momostr.pinkPublished at
2026-10-15 00:07:06 UTCEvent JSON
{
"id": "ae12ab63b954747f1721f0106da64c3deaf60d9fd4089ea36da5be7a0a20daa9",
"pubkey": "dbf2e7d2bcc2fa05823e7cefab2ff34f70244d3c280bc0f0e7a93ea1d1794dcb",
"created_at": 1792022826,
"kind": 1,
"tags": [
[
"proxy",
"https://bne.social/@phocks/117442007936928817",
"web"
],
[
"proxy",
"https://bne.social/users/phocks/statuses/117442007936928817",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://bne.social/users/phocks/statuses/117442007936928817",
"pink.momostr"
],
[
"-"
]
],
"content": "\"It’s a form of shrugflation (can’t help a portmanteau) – usually, money gets expensive and people borrow less, right? Gas gets expensive, you drive less. That’s the whole thing. But right now, a war has made energy expensive and the Fed can’t do anything about that, because you can’t go to a Strait and say listen buddy I’m hiking rates over here. All you can do is make borrowing cost more.\n\nAnd the two biggest borrowers in the economy hear that and just sort of … shrug?\"\n\nhttps://kyla.substack.com/p/the-shrugflation-triangle-how-ai",
"sig": "381ff1df6c7565aeda4171b8f2052b60cdfa8e6192318dfd78afd304e061b24d5a9cb0972fda8c083f500cf20d10dfb24c6f8ccea82de6252bcac574ca9a533c"
}