4 ms·
> and inflation already seems to be dying down anyway. I̶ ̶d̶o̶n̶'̶t̶ ̶k̶n̶o̶w̶ ̶i̶f̶ ̶I̶'̶m̶ ̶t̶h̶a̶t̶ ̶o̶p̶t̶i̶m̶i̶s̶t̶i̶c̶.̶ ̶I̶ ̶t̶h̶i̶n̶k̶ ̶i̶n̶f̶l̶a̶t̶i̶
by sakopov 4y ago
> and inflation already seems to be dying down anyway.
I̶ ̶d̶o̶n̶'̶t̶ ̶k̶n̶o̶w̶ ̶i̶f̶ ̶I̶'̶m̶ ̶t̶h̶a̶t̶ ̶o̶p̶t̶i̶m̶i̶s̶t̶i̶c̶.̶ ̶I̶ ̶t̶h̶i̶n̶k̶ ̶i̶n̶f̶l̶a̶t̶i̶o̶n̶ ̶i̶s̶ ̶s̶t̶i̶l̶l̶ ̶8̶.̶5̶%̶ ̶m̶o̶n̶t̶h̶-̶t̶o̶-̶m̶o̶n̶t̶h̶ ̶a̶n̶d̶ ̶o̶n̶l̶y̶ ̶d̶o̶w̶n̶ ̶0̶.̶6̶%̶ ̶f̶r̶o̶m̶ ̶p̶r̶e̶v̶i̶o̶u̶s̶ ̶m̶o̶n̶t̶h̶.̶ ̶W̶e̶'̶d̶ ̶n̶e̶e̶d̶ ̶s̶e̶v̶e̶r̶a̶l̶ ̶m̶o̶n̶t̶h̶s̶ ̶o̶f̶ ̶d̶r̶o̶p̶s̶ ̶t̶o̶ ̶c̶o̶n̶c̶l̶u̶d̶e̶ ̶t̶h̶a̶t̶ ̶i̶n̶f̶l̶a̶t̶i̶o̶n̶ ̶i̶s̶ ̶e̶a̶s̶i̶n̶g̶.̶ ̶I̶ ̶p̶e̶r̶s̶o̶n̶a̶l̶l̶y̶ ̶d̶o̶n̶'̶t̶ ̶s̶e̶e̶ ̶a̶n̶y̶ ̶p̶r̶i̶c̶e̶ ̶d̶r̶o̶p̶s̶ ̶o̶n̶ ̶t̶h̶e̶ ̶t̶h̶i̶n̶g̶s̶ ̶I̶ ̶a̶c̶t̶u̶a̶l̶l̶y̶ ̶u̶s̶e̶ ̶-̶ ̶f̶o̶o̶d̶,̶ ̶g̶a̶s̶ ̶a̶n̶d̶ ̶h̶o̶u̶s̶i̶n̶g̶.̶ ̶A̶l̶l̶ ̶r̶e̶m̶a̶i̶n̶ ̶s̶i̶g̶n̶i̶f̶i̶c̶a̶n̶t̶l̶y̶ ̶e̶l̶e̶v̶a̶t̶e̶d̶ ̶i̶n̶ ̶c̶o̶m̶p̶a̶r̶i̶s̶o̶n̶ ̶t̶o̶ ̶a̶ ̶y̶e̶a̶r̶ ̶a̶g̶o̶.̶
- jeffbee 4y agoYou're not ever going to see long-term, broad price drops. That would be deflation. Your statement appears highly misleading, as if you don't understand the topic. Prices (in the U.S.) did not rise at all in July, so it's not clear what you could mean by "8.5% month-to-month" which, as stated, would be a spectacular and unprecedented rate. The month-over-month inflation in July was none. Prices rose 8.5% vs. year-ago.
- deleted 4y ago[deleted]
- sakopov 4y agoYou're right. I don't know what I'm talking about.