16 points

People don’t understand this about inflation and it will disappoint them very soon once inflation is fully back to rates we saw pre-pandemic.

Grocery prices aren’t coming down. Housing prices aren’t going down. Utility costs aren’t going down. The best we can hope for is for them to not increase as fast as they have the last four years and for the usual fluctuations in things like gas or electricity costs to fluctuate down more than up.

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7 points

The best we can hope for is for them to not increase as fast as they have

That’s what inflation going down means. Inflation is the rate in which prices increase. Saying “inflation going down” means that the rate prices increase is not as much. “Inflation going down” still means prices are increasing. People are confusing “inflation going down” with deflation, which means prices are decreasing.

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4 points

Yeah, that’s exactly what I mean. I don’t think most people understand that, and it will lead to people losing faith in experts when they’re told inflation is back to pre-pandemic levels but prices aren’t.

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16 points

Second order derivatives mmmmmmmm

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-14 points

Why is this segregated by race?

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Replied under the wrong post?

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1 point

I don’t think so? I’m posting in reply to a picture that describes how to calculate currency inflation in certain markets and I don’t understand how skin color has anything to do with that.

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2 points

The name is a holdover from the alien site. The culture changed but the name never changed once it got to Lemmy, and it’s not actually about “white” Twitter anymore, just Twitter in general. That’s how it’s been explained in other posts, I’m not exactly a frequent flier in these parts.

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55 points

As I explained to my boss, you are paying me less if inflation has gone up, and I didn’t get a raise to at least match the rise. Bro started to explain to me how any child would run a lemonade stand with this piggy look in his chubby eyes. Business Budda needs a punch to the gut.

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2 points

Push is down.

Pull (which until the 80s was theoretical) is way up.

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