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To: Miami Rebel
There's a difference between inflation and the rate of inflation. All that these numbers say is that CPI change this year is projected to be "less bad" than last year. Ideally, we like to see the rate be 0, or perhaps even negative.
35 posted on 11/14/2023 11:47:06 AM PST by econjack
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To: econjack

“There’s a difference between inflation and the rate of inflation. All that these numbers say is that CPI change this year is projected to be “less bad” than last year. Ideally, we like to see the rate be 0, or perhaps even negative.”

Negative rates = recession or depression. If we dropped much below 2% the Fed would pump money into the system.


43 posted on 11/14/2023 12:05:41 PM PST by Miami Rebel
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