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Explaining the inflation rate (lemmy.world)

submitted 2 years ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] ryathal@sh.itjust.works 1 point 2 years ago

Price decreases as a result of the value of money increasing are negative inflation. Mmt proponents seem to have corrupted the definition to be any price increase is inflation and any decrease is deflation though.

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lemmy:	0.19.20
mlmym (mschae):	26.3.4