Sapphire Velvet@lemmynsfw.com to Economy@lemmy.worldEnglish · 11 months agoInflation has cooled a lot. So why do things still feel so expensive?text.npr.orgexternal-linkmessage-square15fedilinkarrow-up136arrow-down14
arrow-up132arrow-down1external-linkInflation has cooled a lot. So why do things still feel so expensive?text.npr.orgSapphire Velvet@lemmynsfw.com to Economy@lemmy.worldEnglish · 11 months agomessage-square15fedilink
minus-squarenotfromhere@lemmy.onelinkfedilinkarrow-up6·11 months agoI’ve argued back and forth with my folks, random internet persons, and ChatGPT and consensus seems to be extreme inflation or deflation hurts the economy in different ways and mild of either is at about neutral.
minus-squaredual_sport_dork 🐧🗡️@lemmy.worldlinkfedilinkarrow-up5·11 months agoKey word being “extreme.” I don’t think a return to roughly early 2019, pre-pandemic-clusterfuck levels will exactly set the world on fire.
I’ve argued back and forth with my folks, random internet persons, and ChatGPT and consensus seems to be extreme inflation or deflation hurts the economy in different ways and mild of either is at about neutral.
Key word being “extreme.” I don’t think a return to roughly early 2019, pre-pandemic-clusterfuck levels will exactly set the world on fire.