Yes, mild inflation (2-10%) is a sign of a strong economy. Personally, I think the Fed target of 2% is too low nad it should be at 4% to benefit the working class more. Would you like to know more?
Sounds good except we are no where near 2-10% inflation, unless you’re dumb enough to believe the manipulated numbers that the feds release. Actual inflation is significantly higher.
Ok, you’re right. It depends on an individualcs defination of a strong economy. Generally, in a stable nation, a economic depression is accompanied by deflation. I can trot out FRED graphs that agree with me, but graphs are funny like the pirates vs global warming joke.
All that said, generally, in a stable nation, when alot of working folks are losing their jobs inflations slows hard or we hit a lil deflation.
A strong advancing economy means goods/services are easier to come by/afford (more advanced tech/infra), which for a currency with the same supply would mean decreasing prices, i.e. “deflation”.
Try thinking for a minute about the actual fundamentals. Same number of people, same amount of money, same amount of time put in, more goods produced, goods cost less.
People treat economics like a frigging religion, IDK how people end up believing the opposite of something so basic as that. And then to actually get that arrogant over it, saying I sound like a bad LLM bot. That’s just rude.
Yes, mild inflation (2-10%) is a sign of a strong economy. Personally, I think the Fed target of 2% is too low nad it should be at 4% to benefit the working class more. Would you like to know more?
No just send me to the damn bug planet thanks
Sounds good except we are no where near 2-10% inflation, unless you’re dumb enough to believe the manipulated numbers that the feds release. Actual inflation is significantly higher.
Show your work.
not that person, but here you go
https://lao.ca.gov/LAOEconTax/Article/Detail/766
18% price increases since 2020.
That literally proves @Coreidan wrong though. 18% increase in all goods from 2020-now would be less than 5% inflation…
Which is still high with not enough wage increases
Prove it, no appeals to consensus or theory
Ok, you’re right. It depends on an individualcs defination of a strong economy. Generally, in a stable nation, a economic depression is accompanied by deflation. I can trot out FRED graphs that agree with me, but graphs are funny like the pirates vs global warming joke.
All that said, generally, in a stable nation, when alot of working folks are losing their jobs inflations slows hard or we hit a lil deflation.
A strong advancing economy means goods/services are easier to come by/afford (more advanced tech/infra), which for a currency with the same supply would mean decreasing prices, i.e. “deflation”.
No. Is this a bad LLM bot?
Try thinking for a minute about the actual fundamentals. Same number of people, same amount of money, same amount of time put in, more goods produced, goods cost less.
People treat economics like a frigging religion, IDK how people end up believing the opposite of something so basic as that. And then to actually get that arrogant over it, saying I sound like a bad LLM bot. That’s just rude.