usernamesAreTricky to politics @lemmy.world · 12 hours agoInflation falls to 2.4%, lowest in three yearswww.axios.comexternal-linkmessage-square36fedilinkarrow-up1209arrow-down16
arrow-up1203arrow-down1external-linkInflation falls to 2.4%, lowest in three yearswww.axios.comusernamesAreTricky to politics @lemmy.world · 12 hours agomessage-square36fedilink
minus-squareCyborganism@lemmy.calinkfedilinkarrow-up38arrow-down6·11 hours agoThat’s still 2.4% on top of the cumulated inflation of the past 5 years…
minus-squareTransplantedSconie@lemm.eelinkfedilinkarrow-up34arrow-down2·11 hours agoYou misspelled price gouging.
minus-squareEatATaco@lemm.eelinkfedilinkEnglisharrow-up30arrow-down5·11 hours agoSure. But inflation is down, we didn’t go into a recession, and wage growth has been outpacing inflation for over a year now. This is good, we’re going in the right direction. Deflation would be way worse.
minus-squareAsafum@feddit.nllinkfedilinkarrow-up13·11 hours agoYeah but unfortunately that’s never going to change. Inflation is the rate of increase and they always want a rate of increase, just at 2%. It’s never going to go negative because growth for the growth gods!! :(
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·4 hours agoThere are already alternatives available that do go negative.
minus-squareNewNewAccount@lemmy.worldlinkfedilinkarrow-up8arrow-down6·9 hours agoYou want a deflationary environment? Are you sure?
minus-squareCyborganism@lemmy.calinkfedilinkarrow-up8arrow-down1·9 hours agoThat’s what you got from my one line comment?
minus-squarethe post of tom joad@sh.itjust.workslinkfedilinkarrow-up6arrow-down1·9 hours agoIf “deflationary environment” is neoliberal for “restrictions on and immediate reduction of the current ongoing price gouging” then call me Moleman cuz yes, i want that, right now.
That’s still 2.4% on top of the cumulated inflation of the past 5 years…
You misspelled price gouging.
Sure. But inflation is down, we didn’t go into a recession, and wage growth has been outpacing inflation for over a year now.
This is good, we’re going in the right direction. Deflation would be way worse.
Yeah but unfortunately that’s never going to change. Inflation is the rate of increase and they always want a rate of increase, just at 2%.
It’s never going to go negative because growth for the growth gods!! :(
There are already alternatives available that do go negative.
Line must go up.
You want a deflationary environment? Are you sure?
That’s what you got from my one line comment?
If “deflationary environment” is neoliberal for “restrictions on and immediate reduction of the current ongoing price gouging” then call me Moleman cuz yes, i want that, right now.