The new inflation figure was down sharply from a 4% annual rate in May, though still above the Fed’s 2% target rate.
  • hubba_bubba_luva@lemmy.worldEnglish
    0·
    1 year ago

    Downvote but “negative” CPI is good news…slowing just shows that the wealthy are not making “as much” as they did last year.

    • SCB@lemmy.worldEnglish
      1·
      1 year ago

      That’s a bit like saying “bleeding less from your wound isn’t good. Only NOT bleeding is good”

      Also your take that inflation is due solely to the wealthy is hilariously inaccurate