return2ozma@lemmy.world to News@lemmy.world · 1 year ago‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comexternal-linkmessage-square225fedilinkarrow-up1869arrow-down121
arrow-up1848arrow-down1external-link‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square225fedilink
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up4arrow-down4·1 year agoBut you are still moving. The dollar is worth less.
minus-squarekilleronthecorner@lemmy.worldlinkfedilinkEnglisharrow-up7·edit-21 year 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-21 year 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.
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.