• dx1@lemmy.world
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    1 year ago

    Yes, mild inflation (2-10%) is a sign of a strong economy.

    Prove it, no appeals to consensus or theory

    • Turducken@mander.xyz
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      1 year ago

      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.