3 ms·
> I'm looking for a solution. But what does a solution look like to you? Do you want prices to deflate? That's terrible for many reasons. Do you want regular
by crazygringo 2y ago
> I'm looking for a solution.
But what does a solution look like to you?
Do you want prices to deflate? That's terrible for many reasons.
Do you want regular responsible economic management? That was Harris. Inflation is back to normal now.
Or do you want a president who wants a huge tariff on everything that will result in crazy much larger inflation than we've had in decades? That's Trump.
How is Harris not listening? How is Trump listening better?
- slaw 2y agoI want prices to deflate and it is not terrible.
- dboreham 2y agoDeflation is known to be bad. Much worse than inflation.
- slaw 2y agoVehicles become cheaper this this year and nothing wrong happened. If groceries and housing would become cheaper also nothing wrong would happen.
- UncleOxidant 2y agoOnly if the deflation gets out of control. We could probably use some housing price deflation. But we'd only get it if we had a pretty serious economic downturn - that's the tradeoff.
- nradov 2y agoThere are zero actual reasons to think that food price deflation would be terrible. You can look back through decades of consumer price history and find many cases where at least certain foodstuffs got cheaper. It wasn't a problem. The US President has little power to lower food prices anyway though, so this discussion is kind of moot.