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.
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.