nicetriangle@kbin.social to News@kbin.social · 1 year agoUS inflation cooling as consumer prices rise moderately againwww.reuters.comexternal-linkmessage-square28fedilinkarrow-up19arrow-down10file-text
arrow-up19arrow-down1external-linkUS inflation cooling as consumer prices rise moderately againwww.reuters.comnicetriangle@kbin.social to News@kbin.social · 1 year agomessage-square28fedilinkfile-text
minus-squareAggressivelyPassive@feddit.delinkfedilinkarrow-up2·1 year agoThat’s the point. Nobody can afford these goods, prices are falling.
minus-squareargv_minus_one@beehaw.orglinkfedilinkarrow-up4·1 year agoWell, that’s not a good thing. It means people are teetering on the brink of poverty, aren’t spending on anything but bare necessities, and that’s going to cause a major recession and put a buttload more people on the street.
That’s the point.
Nobody can afford these goods, prices are falling.
Well, that’s not a good thing. It means people are teetering on the brink of poverty, aren’t spending on anything but bare necessities, and that’s going to cause a major recession and put a buttload more people on the street.