4 ms·
You are being overly literal. When people colloquially say "inflation is bad" or "will be a problem", they mean "high inflation", for some meaning of 'high', li
by throw0101a 6y ago
You are being overly literal. When people colloquially say "inflation is bad" or "will be a problem", they mean "high inflation", for some meaning of 'high', like >4% or some such.
US inflation was around 3% during in 1990s, and yet there was an economic boom at that time. See also 1950s.
And yet people are freaking out because there's an uptick in US 10 year bonds at the moment… to 1.6%… which is where things were in January 2020 (pre-pandemic).
If a massive US spending bill only (only!) gets us to where things were before the economic conflagration, then it shows how much in the economic hole things are, and how much things need to be filled in to get back onto stable economic footing.