tst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 1 year agoU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comexternal-linkmessage-square95fedilinkarrow-up1360arrow-down118cross-posted to: [email protected][email protected]
arrow-up1342arrow-down1external-linkU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comtst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 1 year agomessage-square95fedilinkcross-posted to: [email protected][email protected]
minus-squaresebinspace@lemmy.worldlinkfedilinkEnglisharrow-up34arrow-down5·1 year agoWorth noting that most nation-states will aim for an inflation rate of about ~3-4% annually to account for things like a growing population
minus-squarevladmech@lemmy.worldlinkfedilinkEnglisharrow-up21·1 year agoSure glad my annual cost of living bump is 2-3%
minus-squareJasSmith@kbin.sociallinkfedilinkarrow-up21·1 year agoSource? Most OECD nations aim for ~2%.
minus-squarecapr@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down2·edit-21 year agoNonsense. If the population grows then that means there would be more demand for money, not less. If inflation goes up in this scenario, then that can only mean the money supply has increased. Theres nothing wrong with deflation.
minus-squareprotist@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·1 year agoAm I reading this right, that you think if there’s more demand for money it would drive prices down? That is incorrect
minus-squaresebinspace@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoI’unno, EconomicsExplained video I saw awhile back
minus-squaresadreality@kbin.sociallinkfedilinkarrow-up2arrow-down18·1 year agoClown logic… But thank you for your service
Worth noting that most nation-states will aim for an inflation rate of about ~3-4% annually to account for things like a growing population
Sure glad my annual cost of living bump is 2-3%
Source? Most OECD nations aim for ~2%.
Nonsense. If the population grows then that means there would be more demand for money, not less. If inflation goes up in this scenario, then that can only mean the money supply has increased. Theres nothing wrong with deflation.
Am I reading this right, that you think if there’s more demand for money it would drive prices down? That is incorrect
I’unno, EconomicsExplained video I saw awhile back
Clown logic… But thank you for your service