Oddbean new post about login | logout Economists say you’re wrong for wanting prices to start falling—and they point to the Great Depression of the 1930s https://fortune.com/img-assets/wp-content/uploads/2024/03/GettyImages-2058671404-e1711811230531.jpg?w=2048 “Most Americans are not just looking for disinflation," the Fed's Lisa Cook said last year. “They’re looking for deflation." https://fortune.com/2024/03/30/inflation-why-deflation-is-bad-what-difference-with-disinflation/
Economist have been 180° wrong for over 100 years. This time they say you're wrong. #inflation #deflation #economics nostr:nevent1qqs2k9j9kddfwr87dqc4rtxusvv6h2y5h9ndp42r7j9yas6w9vfvcjcpp4mhxue69uhkummn9ekx7mqzyqg3txdwnde49w8a68lz563ekwnnz9h0a23fukv08dj4zxmp66xm6qcyqqqqqqggeh9n3
