this post was submitted on 17 Dec 2023
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Economy

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Inflation has cooled a lot. So why do things still feel so expensive? (text.npr.org)
submitted 11 months ago by [email protected] to c/[email protected]
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[–] [email protected] 6 points 11 months ago (1 children)

I’ve argued back and forth with my folks, random internet persons, and ChatGPT and consensus seems to be extreme inflation or deflation hurts the economy in different ways and mild of either is at about neutral.

[–] [email protected] 5 points 11 months ago

Key word being "extreme." I don't think a return to roughly early 2019, pre-pandemic-clusterfuck levels will exactly set the world on fire.