• Ghostalmedia@lemmy.world
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        12 hours ago

        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.

        • basmati@lemmus.org
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          7 hours ago

          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.

          • Ghostalmedia@lemmy.world
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            4 hours ago

            Agreed. I’m talking about deflation though. The debts you acquire balloon in size, even without interest, during deflation.

        • the post of tom joad@sh.itjust.works
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          10 hours ago

          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