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No, inflation has not gone down. The rate of inflation growth has gone down.
by Xeoncross 3y ago
No, inflation has not gone down.
The rate of inflation growth has gone down.
- orangecat 3y agoNo, inflation has not gone down. It has. Inflation is the derivative of prices. Prices are increasing but less rapidly than before, which means that inflation has decreased.
- bratwurst3000 3y agoDon’t you mean the rate of inflation is down? Prices are growing so they are inflating and not deflating. I am an idiot so beeing wrong is my thing. https://en.m.wikipedia.org/wiki/Deflation https://en.m.wikipedia.org/wiki/Deflation
- ekidd 3y agoInflation is the rate of change of prices. In calculus terms, it's the first derivative of price. (I'm not sure what you mean by "the rate of inflation growth." Do you mean the second derivative of price, maybe?) Inflation has gone down in the US. The last few months, if you extrapolate them to an annual rate, would (I think) be between 2 and 3%, which is the Fed's normal target. Unfortunately, some of the recent price increases may stick. However, the US has seen strong wage growth, and many areas have high demand for labor. I've seen a surprising number of businesses with 1/4th of their usual positions open. It's a good time to apply to better-paying jobs. Not so much in the tech industry, but in other industries. On the other hand, with rates as high as they are, it's an awful time to buy a house or a car using a loan.
- Xeoncross 3y agoYes, my mistake. I meant the effects of inflated prices. When people say inflation is dropping they sometimes confuse that with prices going down instead of the rate of inflation simply slowing.