2% is actually pretty good and about what you want. Maintaining flat spending power sounds great on paper, but also puts an economy at increased risk of recession and citizens at increased risk of ballooning debt.
That’s nice and all, but wages do not increase year over year for most people, so most people would prefer those risks and be able to continue living, instead of helping to balloon the suicide statistic.
Most people are not economists. Most people would like everyone to be given $100,000 and a pony (or just white people, if you’re a republican).
2% inflation is good. But an inflation number doesn’t tell us where the gains are accruing. Ensuring gains go to workers and not capital is an entirely separate goal of the government.
We’re taking about the consumer price index here. Inflation regarding the cost of living only. This is, as i hinted previously, heavily caused not by “inflation” (as youd consider it in econ 101) but corporate price-gouging.
Corporate price-gouging is i feel i must add capital N Not inflation in the traditional sense… But in the scope of this article and our conversation, it is.
So again, fucking-A yes I want price gouging to stop, right now… So like, if you wish to continue wit me we need to agree on terms. Let me know you agree this cpi definition and inflation in this case is “price gouging” otherwise we may as well just part ways
Right! and now, amazing news! Our expenses are only growing at a rate of only 2.4%!! Hooray?!?
2% is actually pretty good and about what you want. Maintaining flat spending power sounds great on paper, but also puts an economy at increased risk of recession and citizens at increased risk of ballooning debt.
That’s nice and all, but wages do not increase year over year for most people, so most people would prefer those risks and be able to continue living, instead of helping to balloon the suicide statistic.
Most people are not economists. Most people would like everyone to be given $100,000 and a pony (or just white people, if you’re a republican).
2% inflation is good. But an inflation number doesn’t tell us where the gains are accruing. Ensuring gains go to workers and not capital is an entirely separate goal of the government.
We’re taking about the consumer price index here. Inflation regarding the cost of living only. This is, as i hinted previously, heavily caused not by “inflation” (as youd consider it in econ 101) but corporate price-gouging.
Corporate price-gouging is i feel i must add capital N Not inflation in the traditional sense… But in the scope of this article and our conversation, it is.
So again, fucking-A yes I want price gouging to stop, right now… So like, if you wish to continue wit me we need to agree on terms. Let me know you agree this cpi definition and inflation in this case is “price gouging” otherwise we may as well just part ways
wtfhappenedin1971.com
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.