• naught@sh.itjust.works
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    10 months ago

    Good points! Isn’t decreasing runaway inflation still a boon? Also, what metric for inflation are you using? I thought the CPI included average essentials a person would buy, like food. It seems that measure is also decreasing:

    https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category.htm

    How does one beat core inflation, though? Deflationary and austerity measures typically end poorly, right? I guess companies would have to pay up so that productivity gains match real wage gains.

    • Maggoty@lemmy.world
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      10 months ago

      Well yeah. That’s the basic problem. If we still prioritize corporate gains, we will never get people back on on track.