346
U.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures ease
(www.politico.com)
this post was submitted on 13 Jul 2023
346 points (95.3% liked)
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I feel like inflation does have some control mechanisms. Ex, the Fed reserve is 1 way to control the value of the dollar and isn’t a government entity and isn’t for poors - it’s for a handful of banks. I think that if there is control then there’s a hand controlling - why wouldn’t someone take benefit. Im never allowed in the economic closed door meetings for this stuff so yeah I think these wealthy are controlling it. Most of us barely have bank accounts and struggling for rent
Inflation lowers everyone’s value and forces more work out of us workers…but we have no say in it. And sure there are many that benefit but it seems like that’s just more poors fighting for scraps.
Also are there really people out there looking at an open wound saying “ahhh that’s ok as long as it’s less blood” lol. I thought people usually want to stop bleeding completely so healing (negative CPI) can start.
Lower is better but for me it’s not “good”.
Point there was you're not gonna get a healing wound without stopping blood loss