Re:US annual inflation declines to 7.1% in November vs. 7.3%...
by bryanlarsen on Tuesday December 13, 2022 @12:00PM
(#33971670)
It's not so much that deflation is bad, it's that inflation and employment are very correlated. Given the choice between 0% inflation and high unemployment or 2% inflation and low unemployment, we choose to have low unemployment along with a little bit of inflation.
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