Spiffy. :/
Rose “to” 3.8%? Does the author of this article think the inflation rate is set at some fixed amount like an interest rate?
it rose compared to last month, when it was 3.3
that’s almost a 15% jump
Reminder that inflation isn’t a natural thing
It’s something intentional to discourage people from having savings accounts and make them feel like they need to invest to “beat inflation”.
We could 100% have zero inflation, it just wouldn’t benefit the wealthy.
Inflation is just a tax on trying to save money.
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.
