16 Feb 2023 9:14 am
DeezerShoove » 15 Feb 2023, 9:28 pm » wrote: ↑ That **** part of "The System" has always pissed me off.
I heard inflation called a stealth tax decades ago.
...its handsome cousin deflation never seems to show up.
That's why penny candy is the stuff of legend...
Deflation is a problem in and of itself in economics. It actually makes things cheaper but also has a malaise of consequences that economists try to avoid. The target was modest inflation of 2% before the Biden administration reconstituted onshoring in light of pressure from Trump political forces. I'm going to try to be bipartisan on that.
Nothing is easier than defending the status quo.