• @OldWoodFrame@lemm.ee
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    -12 months ago

    Prices decreased last month. Not inflation decreased…prices. Deflation happened last month.

    Inflation has been tamed.

    • @abracaDavid
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      22 months ago

      Groceries are still more than double the price than they were 5 years ago. A slight back tick isn’t “tamed”.

      • @OldWoodFrame@lemm.ee
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        02 months ago

        That’s like saying a dog isn’t trained because the total number of times it peed in the house is still high. I get why you don’t like that thing that happened in the past, but the point is that it isn’t happening anymore.

        • @abracaDavid
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          -12 months ago

          Lol yes it is. Go to the store and look at the prices. They are demonstrably higher than they were.

          Also that was a terrible analogy.

          • @OldWoodFrame@lemm.ee
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            02 months ago

            Sounds like you didn’t understand it. I’m not saying prices aren’t higher than they were years ago… prices always go up long term, the target is 2% per year. That’s not the question. The question is whether inflation has been tamed, meaning will prices rise wildly in the future or are we back to normal inflation rates. So going forward, will inflation be 2% like normal? Or are you claiming it will be higher?

            Right now you’re not even answering the question you’re just saying it was higher in the past, which isn’t relevant to whether it is tamed now.

            • @abracaDavid
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              -12 months ago

              Good lord.

              No I don’t think that there will be another huge swing because no one would buy things.

              Having inflation just slowed down instead of reversing it is not tamed.

              Pedantic mother fucker.