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re: Bidenomics is paying off

Posted on 5/16/24 at 4:05 pm to
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124721 posts
Posted on 5/16/24 at 4:05 pm to
quote:

No one has ever argued that food inflation has not occurred over the past few years.



In fact, it's a good thing! Right?


Isn't this how the media's been spinning it?

Media:

It's not happening

Okay, well, it is happening, but not as bad as you think.

Okay, it's happening worse than you think, but you're wrong for thinking That.

Okay, its happening, and here's why it's a good thing!



Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35606 posts
Posted on 5/16/24 at 4:17 pm to
quote:

In fact, it's a good thing! Right?


To the extent that it has risen? Absolutely not.


Is there a healthy level of inflation that promotes sustainable and prosperous economic activity? Yes.


By all means, make the argument that the inflation target should be 0%.
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