return2ozma@lemmy.world to News@lemmy.world · 2 years ago‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comexternal-linkmessage-square222linkfedilinkarrow-up1880arrow-down122
arrow-up1858arrow-down1external-link‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square222linkfedilink
minus-squareryathallinkfedilinkarrow-up4arrow-down4·2 years agoBut you are still moving. The dollar is worth less.
minus-squarekilleronthecorner@lemmy.worldlinkfedilinkEnglisharrow-up7·edit-22 years agoThen the original comment should have been pedantic about the fact that they’re clearly talking about the rate of inflation even though they referred to it simply as “inflation”. The rest of us got that.
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up1·edit-22 years agoWhich would mean it didn’t decrease if inflation was a measure of value. But it’s not. It’s a measure of speed of change in value.
But you are still moving. The dollar is worth less.
Then the original comment should have been pedantic about the fact that they’re clearly talking about the rate of inflation even though they referred to it simply as “inflation”. The rest of us got that.
Which would mean it didn’t decrease if inflation was a measure of value. But it’s not. It’s a measure of speed of change in value.