• shalafi@lemmy.world
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    7 mesi fa

    Inflation is well under control, quite low in fact. Lemmy has this bizarre view that because prices didn’t come down, inflation is still rampant.

    That is not how the world works, hell, that not even how the word works. Inflation is a measure of how quickly prices are rising. Deflation is when prices go down, and it’s generally an awful sign for the economy. tl:dr; Prices go down, you lose your job.

    • Semi-Hemi-Lemmygod@lemmy.world
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      7 mesi fa

      Prices go down, you lose your job.

      Prices go up, you also lose your job.

      Prices stay the same? Believe it or not, lose your job.

      We have the best economy in the world because of losing your job.