4 ms·

also known as deflation.

• ed_blackburn 11y ago
  Apparently it needs to be sustained to be deflation.
  • _0ffh 11y ago
    Nope, I don't think so. That's just a political talking point. Chancellor: "Negative inflation is not damaging deflation" So it's not "damaging deflation", but it's still deflation. "Economists [...] say proper deflation is a long term term trend of declining prices [...]" So it's not "proper deflation", but it's still deflation. We could also s/inflation/negative deflation/ and that would be absolutely correct. They are avoiding the word for fear of the connotations of a sustained period of deflation. Which will actually make the problem worse, as it sets a precedent for a changed understanding of the word deflation. So next time everyone will be even warier of using the term. Instead they should accustom people to hearing the word without thinking "OMG! WE ARE ALL GOING TO DIE!!1!".
    • marrs 11y ago
      They should, but nobody ever does. They'll just continue to find aliases that are more and more vague until nobody knows what the hell anybody's talking about any more. Although, the robots will have taken over by then anyway.
      • _0ffh 11y ago
        I, for one, welcome our new digital overlords!