The rate of inflation has come down from pandemic era highs. But many Americans are still waiting to feel financial relief.
  • Maggoty@lemmy.world
    61·
    17 days ago

    But it’s also because inflation is a measurement of velocity, not a static indicator. If you have a year with ten percent inflation, that doesn’t go away without deflation happening and the finance industry would rather nuke the stock exchange than allow deflation.