TryingToBeGood@reddthat.com to News@lemmy.worldEnglish · 2 months agoUS inflation rose to 3.8% in April, eroding Americans’ paycheckswww.cnn.comexternal-linkmessage-square7linkfedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1external-linkUS inflation rose to 3.8% in April, eroding Americans’ paycheckswww.cnn.comTryingToBeGood@reddthat.com to News@lemmy.worldEnglish · 2 months agomessage-square7linkfedilinkfile-text
minus-squareNaibofTabr@infosec.publinkfedilinkEnglisharrow-up0·2 months agoPartially true. It’s also an attempt to run away from deflation, which destroys economies. Holding a stable position with no inflation or deflation is not really possible in the real world.
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up0·2 months agoMoney buying more goods/services than it did 2 years ago is called “progress” and is literally the entire point of human civilization…
minus-squareBoomer Humor Doomergod@lemmy.worldlinkfedilinkEnglisharrow-up0·2 months agoExactly. Nobody is gonna say “I won’t buy food today because it will be cheaper tomorrow.” A man’s gotta eat.
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkEnglisharrow-up0arrow-down1·2 months agoit will change what you eat and how you eat and how frequently you do it.
Partially true. It’s also an attempt to run away from deflation, which destroys economies. Holding a stable position with no inflation or deflation is not really possible in the real world.
Money buying more goods/services than it did 2 years ago is called “progress” and is literally the entire point of human civilization…
Exactly. Nobody is gonna say “I won’t buy food today because it will be cheaper tomorrow.” A man’s gotta eat.
it will change what you eat and how you eat and how frequently you do it.