@usernamesAreTricky@lemmy.ml to politics @lemmy.world • 10 months agoInflation falls to 2.4%, lowest in three yearswww.axios.commessage-square83fedilinkarrow-up1321arrow-down110
arrow-up1311arrow-down1external-linkInflation falls to 2.4%, lowest in three yearswww.axios.com@usernamesAreTricky@lemmy.ml to politics @lemmy.world • 10 months agomessage-square83fedilink
minus-squareGhostalmedialinkfedilinkEnglish2•10 months agoAgreed. I’m talking about deflation though. The debts you acquire balloon in size, even without interest, during deflation.
minus-square@explodicle@sh.itjust.workslinkfedilinkEnglish0•10 months agoI don’t think we do agree. As you can see in the chart, our debts have been ballooning under inflation.
minus-squaredrphungkylinkfedilinkEnglish2•10 months agoThat’s total debt, he’s talking about individual debt. Deflation is bad. This is not really up for debate. 2% inflation is a fine target and worked well for decades.
minus-square@explodicle@sh.itjust.workslinkfedilinkEnglish-1•edit-210 months agoAs you can see in the chart, I’m talking about per person too. I don’t think 2008 did work well. If you don’t want to debate about this, then don’t.
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.
That’s total debt, he’s talking about individual debt. Deflation is bad. This is not really up for debate. 2% inflation is a fine target and worked well for decades.
As you can see in the chart, I’m talking about per person too.
I don’t think 2008 did work well.
If you don’t want to debate about this, then don’t.