tst123U.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures ease
hubba_bubba_luvaThis 3% inflation number (CPI) is not good news đ
What it means is âinflation increased 3% since last yearâ.
Actual inflation is 17-20% rn
The rate of inflation going down is, in fact, good news.
Downvote but ânegativeâ CPI is good newsâŚslowing just shows that the wealthy are not making âas muchâ as they did last year.
Thatâs a bit like saying âbleeding less from your wound isnât good. Only NOT bleeding is goodâ
Also your take that inflation is due solely to the wealthy is hilariously inaccurate
I feel like inflation does have some control mechanisms. Ex, the Fed reserve is 1 way to control the value of the dollar and isnât a government entity and isnât for poors - itâs for a handful of banks. I think that if there is control then thereâs a hand controlling - why wouldnât someone take benefit. Im never allowed in the economic closed door meetings for this stuff so yeah I think these wealthy are controlling it. Most of us barely have bank accounts and struggling for rent
Inflation lowers everyoneâs value and forces more work out of us workersâŚbut we have no say in it. And sure there are many that benefit but it seems like thatâs just more poors fighting for scraps.
Also are there really people out there looking at an open wound saying âahhh thatâs ok as long as itâs less bloodâ lol. I thought people usually want to stop bleeding completely so healing (negative CPI) can start.
Lower is better but itâs not âgoodâ.
Point there was youâre not gonna get a healing wound without stopping blood loss