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Who's equating? Recessions tend to cause deflationary pressure because people lose their jobs and stop spending as much. That's all, as far as I know.
by tome 4y ago
Who's equating? Recessions tend to cause deflationary pressure because people lose their jobs and stop spending as much. That's all, as far as I know.
- dmitriid 4y ago> Who's equating? The title of the article we're commenting on is literally "even global recession won't crush inflation"
- tome 4y agoInteresting, that doesn't read as "equating" to me.
- deleted 4y ago[deleted]
- topspin 4y ago> Who's equating? Please don't gaslight. The entire premise of this Economist writing is that inducing recession by jacking up interest rates isn't the inflation cure-all The Great And The Good are group-thinking it is.
- tome 4y agoSure, a major recession would typically but not always be expected to reduce inflation. That's far from "equating" as I understand the definition of the word. It's surprising but not reality-defying that this one might not, which is why this article is interesting, rather than boring or impossible. And "gaslight"? What?