▲ 1143 ▼ Explaining the inflation rate (lemmy.world) submitted 2 years ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works 84 comments fedilink hide all child comments
[–] Tar_alcaran@sh.itjust.works 27 points 2 years ago (1 child) People really need to know what "rate" means. permalink fedilink source hideshow 2 child comments replies: [–] Fermion@feddit.nl 14 points 2 years ago* (last edited 2 years ago) Or we should switch to talking about affordability indices rather than inflation. Inflation isn't a particularly informative figure for most people. What people really care about is the purchasing power of their income, not what the change in dollar value is. permalink fedilink source parent
[–] Fermion@feddit.nl 14 points 2 years ago* (last edited 2 years ago) Or we should switch to talking about affordability indices rather than inflation. Inflation isn't a particularly informative figure for most people. What people really care about is the purchasing power of their income, not what the change in dollar value is. permalink fedilink source parent