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i also hear official inflation numbers in the US are 'low' right now too, yet that doesn't mean prices are down or that things are affordable to the common pers
by fazeirony 2y ago
i also hear official inflation numbers in the US are 'low' right now too, yet that doesn't mean prices are down or that things are affordable to the common person. my lived reality talking to actual citizens tells me a lot of folks are struggling. if anything, applying that same experience to argentina is my mistake. i guess.
- oskarkk 2y agoLow inflation doesn't mean that prices will fall. That would be deflation, and deflation is bad for the economy.
- blackhawkC17 2y agoI guess we should ignore statistics and focus on anecdotes when making economic decisions.