4 ms·
You don't need prices to fall for inflation to slow (that's deflation). You need the rate that prices are rising to decrease
by riv991 3y ago
You don't need prices to fall for inflation to slow (that's deflation). You need the rate that prices are rising to decrease
- TechBro8615 3y agoSpecifically, the commonly cited "accelerating inflation" refers to the third derivative of price with respect to time. Interestingly, more physicists seem to understand this than economists: https://www.coppolacomment.com/2021/05/calculus-for-economists.html https://www.coppolacomment.com/2021/05/calculus-for-economis...