return2ozma@lemmy.world to News@lemmy.world · 10 months ago‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comexternal-linkmessage-square225fedilinkarrow-up1876arrow-down122
arrow-up1854arrow-down1external-link‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square225fedilink
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up9·10 months agoIf you’re accelerating slower, you’ve decreased your acceleration.
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up4arrow-down4·10 months agoBut you are still moving. The dollar is worth less.
minus-squarekilleronthecorner@lemmy.worldlinkfedilinkEnglisharrow-up7·edit-210 months agoThen the original comment should have been pedantic about the fact that they’re clearly talking about the rate of inflation even though they referred to it simply as “inflation”. The rest of us got that.
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up1·edit-210 months agoWhich would mean it didn’t decrease if inflation was a measure of value. But it’s not. It’s a measure of speed of change in value.
If you’re accelerating slower, you’ve decreased your acceleration.
But you are still moving. The dollar is worth less.
Then the original comment should have been pedantic about the fact that they’re clearly talking about the rate of inflation even though they referred to it simply as “inflation”. The rest of us got that.
Which would mean it didn’t decrease if inflation was a measure of value. But it’s not. It’s a measure of speed of change in value.