RugTumpington
RugTumpington t1_iuft7gg wrote
Reply to comment by Evn-erl in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
> actual recession where unemployment goes up
Ok but that's not what a recession is defined by. The unemployment is when the pendulum is swinging back to lower inflation via low demand
RugTumpington t1_iuftga0 wrote
Reply to comment by bannannamo in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
> Well 40 years strong of that not happening in this country as we continuously inflate, because our currency is inflationary by design.
You just fundamentally don't understand what you're talking about. It's not about bringing prices down, that would be a deflationary economy (negative inflation/CPI). Deflationary forces (e.x. lowering demand) are needed to lower inflation (the cost of good goes up but more slowly).
It has literally never been about making things cheaper than a year ago.