- cross-posted to:
- politics_no_um@lemmy.world
- cross-posted to:
- politics_no_um@lemmy.world
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Really glad the president of the USA finally decided to pull the lower inflation lever in the oval office.
It’s a knob, dumbass
My apologies
Really glad the
presidentknob of the USA finally decided to pull the lower inflation lever in the oval office.lol gottem
hey wait…
It’s right next to the gas price slider. Duh.
It’s right next to the Gas Price Dial on the Resolute desk.
I saw this when I opened Edge for work this morning. Two worlds in one picture.
A/B headline testing in action.
Which one will get you to click through to the ads?
Now pay me more and we’re good.
Food prices are still up twenty to forty percent.
Right! and now, amazing news! Our expenses are only growing at a rate of only 2.4%!! Hooray?!?
2% is actually pretty good and about what you want. Maintaining flat spending power sounds great on paper, but also puts an economy at increased risk of recession and citizens at increased risk of ballooning debt.
Agreed. I’m talking about deflation though. The debts you acquire balloon in size, even without interest, during deflation.
I don’t think we do agree. As you can see in the chart, our debts have been ballooning under inflation.
That’s total debt, he’s talking about individual debt. Deflation is bad. This is not really up for debate. 2% inflation is a fine target and worked well for decades.
As you can see in the chart, I’m talking about per person too.
I don’t think 2008 did work well.
If you don’t want to debate about this, then don’t.
We’re taking about the consumer price index here. Inflation regarding the cost of living only. This is, as i hinted previously, heavily caused not by “inflation” (as youd consider it in econ 101) but corporate price-gouging.
Corporate price-gouging is i feel i must add capital N Not inflation in the traditional sense… But in the scope of this article and our conversation, it is.
So again, fucking-A yes I want price gouging to stop, right now… So like, if you wish to continue wit me we need to agree on terms. Let me know you agree this cpi definition and inflation in this case is “price gouging” otherwise we may as well just part ways
That’s great the prices aren’t going up more. Now go get all of these companies that are price gouging. It’s good to protect people from it during natural disasters but unfortunate the government didn’t consider COVID a natural disaster.
Oh they are still going up, just not as much.
While this is good news, remember that this means that prices are still increasing due to inflation, just at a slower rate now. It does NOT mean that inflation has been reversed.
Haters will say it’s because of the election coming up
Too bad it’s not on food prices
If only we could get -2% inflation for a few years so price come down to reasonable levels.
This is why I come to Lemmy — for people with even a passing understanding of the topics on which they speak confidently.
Not in russia lol!
Yay people got fucked over bad, but they can take a water break before resuming the ass railing.
Axios - News Source Context (Click to view Full Report)
Information for Axios:
MBFC: Left-Center - Credibility: High - Factual Reporting: High - United States of America
Wikipedia about this sourceSearch topics on Ground.News
https://www.axios.com/2024/10/10/cpi-report-september-inflation-economy
Economy still sucks.
