Economist have been 180° wrong for over 100 years. This time they say you're wrong.
#inflation #deflation #economics
Economists say you’re wrong for wanting prices to start falling—and they point to the Great Depression of the 1930s
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“Most Americans are not just looking for disinflation," the Fed's Lisa Cook said last year. “They’re looking for deflation."
https://fortune.com/2024/03/30/inflation-why-deflation-is-bad-what-difference-with-disinflation/
