tst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 1 year agoU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comexternal-linkmessage-square62fedilinkarrow-up153arrow-down14
arrow-up149arrow-down1external-linkU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comtst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 1 year agomessage-square62fedilink
minus-squaresebinspace@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down2·1 year agoWorth noting that most nation-states will aim for an inflation rate of about ~3-4% annually to account for things like a growing population
minus-squareJasSmith@kbin.sociallinkfedilinkarrow-up3·1 year agoSource? Most OECD nations aim for ~2%.
minus-squarevladmech@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoSure glad my annual cost of living bump is 2-3%
minus-squarecapr@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down2·edit-21 year agoNonsense. If the population grows then that means there would be more demand for money, not less. If inflation goes up in this scenario, then that can only mean the money supply has increased. Theres nothing wrong with deflation.
minus-squareprotist@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·1 year agoAm I reading this right, that you think if there’s more demand for money it would drive prices down? That is incorrect
Worth noting that most nation-states will aim for an inflation rate of about ~3-4% annually to account for things like a growing population
Source? Most OECD nations aim for ~2%.
Sure glad my annual cost of living bump is 2-3%
Nonsense. If the population grows then that means there would be more demand for money, not less. If inflation goes up in this scenario, then that can only mean the money supply has increased. Theres nothing wrong with deflation.
Am I reading this right, that you think if there’s more demand for money it would drive prices down? That is incorrect