Sapphire Velvet to EconomyEnglish • 1 year agoInflation has cooled a lot. So why do things still feel so expensive?text.npr.orgmessage-square15fedilinkarrow-up136arrow-down14
arrow-up132arrow-down1external-linkInflation has cooled a lot. So why do things still feel so expensive?text.npr.orgSapphire Velvet to EconomyEnglish • 1 year agomessage-square15fedilink
minus-square@[email protected]linkfedilink6•1 year agoI’ve argued back and forth with my folks, random internet persons, and ChatGPT and consensus seems to be extreme inflation or deflation hurts the economy in different ways and mild of either is at about neutral.
minus-squaredual_sport_dork 🐧🗡️link5•1 year agoKey word being “extreme.” I don’t think a return to roughly early 2019, pre-pandemic-clusterfuck levels will exactly set the world on fire.
I’ve argued back and forth with my folks, random internet persons, and ChatGPT and consensus seems to be extreme inflation or deflation hurts the economy in different ways and mild of either is at about neutral.
Key word being “extreme.” I don’t think a return to roughly early 2019, pre-pandemic-clusterfuck levels will exactly set the world on fire.