You've probably heard that many people *think* inflation is still much higher than it actually is, but did you know that people have changed the definition of inflation (and didn't tell us economists)?
Inflation no longer seems to mean "rising prices" but, instead, "high prices". So 'inflation' can be high even as prices fall, the thought of which gives me a hell of a headache...
https://www.axios.com/2024/05/26/inflation-definition-evolution-high-prices
#econonics #inflation
Kyle Montanio /
npub10s…33v3k
2024-05-28 09:58:04
Author Public Key
npub10s54n9wdlyt2488jlartpkmv29kh78cl5wp9czqnr0y7j5w2fmgs333v3kPublished at
2024-05-28 09:58:04Event JSON
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