this post was submitted on 29 Dec 2023
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[–] Calcipher@lemmy.ml 6 points 2 years ago (1 children)

Let's also not forget that inflation is a rate of change. Even at zero, goods and service won't return to their old prices. That'd be a negative rate of inflation, also known as deflation. If you think the Feds fucked the common person when inflation was high, just wait to see what they'd do to stop deflation (seen as far worse than inflation because it hurts those who hold goods and services - aka the rich).

[–] Maggoty@lemmy.world 9 points 2 years ago

And before someone comes in here shouting that deflation would be the end of us all; Japan has had mild deflation for decades and they're not a post apocalyptic hellscape. Go spread that propaganda somewhere else.