Economy

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Inflation has cooled a lot. So why do things still feel so expensive? (text.npr.org)

submitted 6 months ago by [email protected] to c/economy

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[–] [email protected] 6 points 6 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.

[–] dual_sport_dork 5 points 6 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.