this post was submitted on 10 Sep 2024
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[โ€“] [email protected] 3 points 1 week ago* (last edited 1 week ago) (1 children)

I think they're saying that while it's good that things are getting worse at a slower rate, they're still getting worse.

Of course, one can argue about at what level of inflation things are still getting worse.

[โ€“] [email protected] -2 points 1 week ago (1 children)

But they are not getting worse. People just don't understand economics. They just see a number or headline that happens to align with their beliefs and then barf their ignorance into comments.

[โ€“] [email protected] 4 points 1 week ago

I mean, there's that, but while there's rough consensus that a bit of inflation is a good thing for the economy, it's not undisputed fact, the exact target number isn't undisputed either, neither is whether it would be a bad thing if we just had inflation way higher than that, or how to measure inflation in the first place, and the benefits to the economy don't necessarily translate to a specific person's situation. So it's not necessarily just ignorance, and thus doesn't necessarily justify condescension.