this post was submitted on 09 May 2024
5 points (85.7% liked)

Economics

466 readers
223 users here now

founded 2 years ago
5
What do Americans think about inflation? (www.brookings.edu)
submitted 7 months ago by fukhueson to c/economics
2 comments fedilink hide all child comments
top 2 comments
sorted by: hot top controversial new old
[โ€“] [email protected] -1 points 7 months ago (1 children)

We like it. We need it. It's so good. Love it.

[โ€“] mipadaitu 1 points 7 months ago

If you have debt, and if your ability to earn at least matches inflation, then inflation actually helps your situation. Not a ton of people are in that boat right now, but eventually wages will go up.

Also, not all prices go up evenly, so unfortunately needed goods like groceries, fuel, and housing are some of the biggest drivers of increased costs.