Yes, mild inflation (2-10%) is a sign of a strong economy. Personally, I think the Fed target of 2% is too low nad it should be at 4% to benefit the working class more. Would you like to know more?
Ok, you’re right. It depends on an individualcs defination of a strong economy. Generally, in a stable nation, a economic depression is accompanied by deflation. I can trot out FRED graphs that agree with me, but graphs are funny like the pirates vs global warming joke.
All that said, generally, in a stable nation, when alot of working folks are losing their jobs inflations slows hard or we hit a lil deflation.
Sounds good except we are no where near 2-10% inflation, unless you’re dumb enough to believe the manipulated numbers that the feds release. Actual inflation is significantly higher.
Nothing indicates a stronger economy than roaring inflation, high as fuck interest rates, tons of corporate bankruptcies, and bank failures.
What a fucking joke. This timeline sucks.
“The Economy” is the state of the ruling class’s bank account. It has nothing to do with whether the working class can afford housing or food. /S
Except not /s
The US has better inflation figures than most other developed countries, wtf are you talking about?
Yes, mild inflation (2-10%) is a sign of a strong economy. Personally, I think the Fed target of 2% is too low nad it should be at 4% to benefit the working class more. Would you like to know more?
No just send me to the damn bug planet thanks
Prove it, no appeals to consensus or theory
Ok, you’re right. It depends on an individualcs defination of a strong economy. Generally, in a stable nation, a economic depression is accompanied by deflation. I can trot out FRED graphs that agree with me, but graphs are funny like the pirates vs global warming joke.
All that said, generally, in a stable nation, when alot of working folks are losing their jobs inflations slows hard or we hit a lil deflation.
Sounds good except we are no where near 2-10% inflation, unless you’re dumb enough to believe the manipulated numbers that the feds release. Actual inflation is significantly higher.
Show your work.
not that person, but here you go
https://lao.ca.gov/LAOEconTax/Article/Detail/766
18% price increases since 2020.
That literally proves @Coreidan wrong though. 18% increase in all goods from 2020-now would be less than 5% inflation…
Which is still high with not enough wage increases