Right… usually people talk about the inflation rate, not the overall devaluation of the currency. I wasn’t trying to suggestion there’s a deflation with the dollar.
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Viking_Hippie@lemmy.world 8 months agoInflation didn’t even go down, it’s just increasing at a slower rate. Things are still getting more expensive compared to how much money people have available.
P1r4nha@feddit.de 8 months ago
mars296@kbin.social 8 months ago
What you are describing is inflation going down. Things going back to pre-pandemic prices would be deflation. With the government targeting 2% inflation in an ideal situation, deflation is not going to happen.
Nudding@lemmy.world 8 months ago
The proper way to say it to avoid confusion is that inflation slowed.
Viking_Hippie@lemmy.world 8 months ago
Going down is a misleading term that makes it sound like it IS deflation, though.
“Slowing down” would be much more illustrative, or at least “decreasing”