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Thread: June at 3%
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Old 07-12-2023, 08:49 PM
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Quote:
Originally Posted by OrangeBlossomBaby View Post
So yeah I had my math and logic all turned around upside down and backward. I guess my point remains the same though: the rise of inflation is lower now, than it was a year ago. It's been steadily decreasing all year. There is almost always inflation. It's a rare occurrence when there is a year of no inflation. It's also a rare occurrence when there is a -significantly- steady decrease for a full year.

This almost 6-point decrease is pretty significant. You can argue the math all you want, but I know I for one would prefer a 3% inflation rate than a 9% inflation rate. Zero would be best but - that isn't on the list of options at the moment.
I don’t think many are going to argue they would rather have 9% inflation over 3%, but making the argument that prices are going down is not valid. Cost of items are still increasing…
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