3 ms·

This metaphor doesn’t hold. Lots of people will in fact be happy that their dollars are worth more than they were a month ago.

• bendbro 4y ago
  They aren't, the rate of inflation is slowing, the position of inflation is not decreasing. We would need negative inflation for that to be the case.
• HideousKojima 4y ago
  Except inflation hasn't reversed, it's merely slowed. Our dollars are still worth less.
• krisroadruck 4y ago
  That's not what this is saying though. Their dollars are still worth less than a month ago, just less so than than previously projects. For their dollar to be worth MORE we'd have to get into deflation territory and we aren't there yet. Simple example: You start with a dollar. Every month it's value falls by 5 cents. However this month it only fell by 2 cents.
  • midasuni 4y ago
    You’re overestimating inflation by a factor of 10-20.
    • krisroadruck 4y ago
      I'm not estimating at all, it was a made up example to illustrate reduction in inflation. It even says simple example.