Quote:
Originally Posted by Ptmcbriz
The only way to reverse inflation is to slow the economy down. The economy is doing exactly what it’s supposed to do reverse that inflation. We are not in a recession because the unemployment is way too low. That’s the barometer of a true recession. Let the economy do what it has to do to bring inflation down. It’s never fun getting inflation down.
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Keep in mind, we are NOT reversing inflation.
Reducing the inflation rate.
We are still living with the cumulation of ~20% inflation over the last three years.