US annual inflation declines to 7.1% in November vs. 7.3% expected

Re:US annual inflation declines to 7.1% in November vs. 7.3%... by listenallyall on Tuesday December 13, 2022 @01:49PM (#33973813)

The 15-year average temperature of a building could easily be within a normal, safe range, but if it is currently on fire, the past 15 years don't really matter, do they?

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Re:US annual inflation declines to 7.1% in November vs. 7.3%... by thinkharderdev on Thursday December 15, 2022 @07:41AM (#33998617)

1. The inflation situation is not "on fire." It's bad for sure but let's not catastrophize here.

2. If a building is on fire, the goal is not to make the building a meat locker for a few months/years to "compensate" for the fire. The goal is to put the fire out and return to a normal temperature.

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Re:US annual inflation declines to 7.1% in November vs. 7.3%... by listenallyall on Thursday December 15, 2022 @12:30PM (#34002845)

> the goal is not to make the building a meat locker

Well, you do put out fires with a CO2 file extinguisher blasting at 50 or 60 below zero.

> let's not catastrophize here.

Minus 2 percent inflation would be closer to the "Fed target" than the recent 7-8% we have been experiencing. The idea that many of you are trying to push, that deflation of any kind is a guaranteed financial disaster, that's the hyperbole that ought to be suppressed.

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