this post was submitted on 11 Aug 2023
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US inflation cooling as consumer prices rise moderately again (www.reuters.com)
submitted 1 year ago by nicetriangle@kbin.social to c/news@kbin.social
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Higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture.

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[–] ampersandrew@kbin.social 1 points 1 year ago

I recommend you do some digging into economics as to why we avoid deflationary environments and why that is always said. Remember also that profits are measured against a currency whose value has been eroded by inflation as well. Inflation is a fact of life. No need to put it in quotes.