Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high.

  • afraid_of_zombies@lemmy.world
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    1 year ago

    My salary didn’t increase enough to match inflation but the amount we charge our customers at my job did. Oh and my clients are all government or large manufacturing outfits. Not like malls or something.

    Nothing to see here, right?

    • SCB@lemmy.world
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      1 year ago

      If every person’s salary increased to match I flation we would enter a wage hike spiral where wages go up, inflation rises, wages go up, inflation rises, etc

      • afraid_of_zombies@lemmy.world
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        1 year ago

        You can’t fix anything, you should just accept that life is shit, and all the things that I said were bad ideas are great ideas for the super rich.

        -every time economists talk.

          • afraid_of_zombies@lemmy.world
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            1 year ago

            Bull.

            List of bailouts economist have supported: Banks, airlines, car companies, banks again, and anyone claiming to have a covid impacted business.

            List of bailouts economists have not supported: Student loan debt.

            See a pattern? Inflation is only an issue when it involves helping the poor or middle class. The moment it helps a big corp or a well-connected donor it is just good policy.