• Telodzrum
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    8 months ago

    1% (annualized) inflation on food is on the low end of good. It would still be a good number up to around 3%.

    • sunzu@kbin.run
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      8 months ago

      only of you are larping “economist” bullshit that they push for their rent seeking owners.

      prices should vary based on inputs however we live under the regime where they are set up to go up at a higher rate than the wages.

      amazing how prices rarely go down even if inputs costs did like recently. money changer is always in middle to capture any of that efficiency

      • Telodzrum
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        8 months ago

        Prices going down is a bad thing. This is an extremely basic concept.

        • bobalotOP
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          8 months ago

          Love that people on Lemmy are as economically illiterate as those on /r/economics.

        • hark
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          8 months ago

          Oh yeah, I hate saving money. Saving money is a very bad thing.

            • hark
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              8 months ago

              You parrot tired talking points by economists whose job is to run PR for the rich and then when challenged on it you say the also tired “not how this works” line. Go ahead and explain how it works then. Tell us all how consumers having more money to spend on more products and services is bad, but more money going into fewer hands is great for the economy.

                • hark
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                  8 months ago

                  If you’re going to be a troll, at least make it entertaining.

                  • Telodzrum
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                    8 months ago

                    I’m not trolling; everything I said was both earnest and correct. You are just not worth my time or any subsequent reader of this thread’s time.