How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comimage Melatonin ( @Melatonin@lemmy.dbzer0.com ) Asklemmy@lemmy.ml • 1 year ago message-square47fedilinkarrow-up1274
arrow-up1274imageHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.com Melatonin ( @Melatonin@lemmy.dbzer0.com ) Asklemmy@lemmy.ml • 1 year ago message-square47fedilink
minus-square DavidDoesLemmy ( @DavidDoesLemmy@aussie.zone ) linkfedilink2•1 year agoI believe New Zealand was the first country to set the inflation target to 2%. So not sure what relevance the American inflation target has in this discussion. OP didn’t say they were from the US. America probably followed New Zealand’s lead.
minus-square coolin ( @coolin@lemmy.ml ) linkfedilink2•1 year agoDoesn’t matter, America is the only country 🇺🇲
minus-square DavidDoesLemmy ( @DavidDoesLemmy@aussie.zone ) linkfedilink3•1 year agoUS defaultism has made its way here from Reddit, I see.
minus-square DogMuffins ( @DogMuffins@discuss.tchncs.de ) linkfedilink3•1 year agoI don’t think it’d a reddit thing, it’s an American thing. They’ll still do it even when they’re in a minority. The /c/news thing being US only really shits me though.
I believe New Zealand was the first country to set the inflation target to 2%. So not sure what relevance the American inflation target has in this discussion. OP didn’t say they were from the US. America probably followed New Zealand’s lead.
Doesn’t matter, America is the only country 🇺🇲
US defaultism has made its way here from Reddit, I see.
I don’t think it’d a reddit thing, it’s an American thing.
They’ll still do it even when they’re in a minority.
The /c/news thing being US only really shits me though.