nicetriangle@kbin.social to News@kbin.social · 11 months agoUS inflation cooling as consumer prices rise moderately againwww.reuters.comexternal-linkmessage-square29fedilinkarrow-up111arrow-down10file-text
arrow-up111arrow-down1external-linkUS inflation cooling as consumer prices rise moderately againwww.reuters.comnicetriangle@kbin.social to News@kbin.social · 11 months agomessage-square29fedilinkfile-text
minus-squareAggressivelyPassive@feddit.delinkfedilinkarrow-up2·11 months agoThat’s the point. Nobody can afford these goods, prices are falling.
minus-squareargv_minus_one@beehaw.orglinkfedilinkarrow-up5·11 months agoWell, that’s not a good thing. It means people are teetering on the brink of poverty, aren’t spending on anything but bare necessities, and that’s going to cause a major recession and put a buttload more people on the street.
That’s the point.
Nobody can afford these goods, prices are falling.
Well, that’s not a good thing. It means people are teetering on the brink of poverty, aren’t spending on anything but bare necessities, and that’s going to cause a major recession and put a buttload more people on the street.