US inflation cooling as consumer prices rise moderately againwww.reuters.comexternal-link nicetriangle ( @nicetriangle@kbin.social ) News@kbin.social • 1 year ago message-square32fedilinkarrow-up113
arrow-up113external-linkUS inflation cooling as consumer prices rise moderately againwww.reuters.com nicetriangle ( @nicetriangle@kbin.social ) News@kbin.social • 1 year ago message-square32fedilink
minus-square AggressivelyPassive ( @agressivelyPassive@feddit.de ) linkfedilink3•1 year agoThat’s the point. Nobody can afford these goods, prices are falling.
minus-square argv_minus_one ( @argv_minus_one@beehaw.org ) linkfedilink7•1 year agoWell, that’s not a good thing. It means people are teetering on the brink of poverty, aren’t spending on anything but bare necessities, and that’s going to cause a major recession and put a buttload more people on the street.
That’s the point.
Nobody can afford these goods, prices are falling.
Well, that’s not a good thing. It means people are teetering on the brink of poverty, aren’t spending on anything but bare necessities, and that’s going to cause a major recession and put a buttload more people on the street.