usernamesAreTricky@lemmy.ml to politics @lemmy.world · 1 month agoInflation falls to 2.4%, lowest in three yearswww.axios.comexternal-linkmessage-square85fedilinkarrow-up1321arrow-down110
arrow-up1311arrow-down1external-linkInflation falls to 2.4%, lowest in three yearswww.axios.comusernamesAreTricky@lemmy.ml to politics @lemmy.world · 1 month agomessage-square85fedilink
minus-squareGhostalmedia@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down1·1 month agoAgreed. I’m talking about deflation though. The debts you acquire balloon in size, even without interest, during deflation.
minus-squareexplodiclelinkfedilinkEnglisharrow-up1arrow-down1·1 month agoI don’t think we do agree. As you can see in the chart, our debts have been ballooning under inflation.
minus-squaredrphungky@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down1·1 month agoThat’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.
minus-squareexplodiclelinkfedilinkEnglisharrow-up1arrow-down2·edit-21 month agoAs 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.
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.