Trump is probably bragging about how he’s making them big beautiful numbers grow
How do you “deflate” this inflation safely? Are we stuck with $7 bags of chips and $6 gallon gas from here on out?
Are they really 7$ now? I only paid 3 CAD for some Cool Ranch.
There is no deflation, that would be a sign of a failing economy. Best that can happen is prices stop rising and hold steady while wages catch up. The fed can encourage this by raising interest rates and cutting back currency supply, but that is the opposite of what the controlling party is pushing for.
There’s true currency inflation, which is dangerous to revert, but this is really talking about cost of living increases driven by tariffs and commodity pricing. Those can absolutely go back down without being a disaster for the economy.
Deflating a capitalist society involves reducing reliance on corporate systems through conscious consumption, building local solidarity economies, and engaging in political organizing to shift ownership of production. Methods include reducing consumption, promoting worker cooperatives, utilizing freecycling, and building mutual aid networks to weaken profit-driven structures. In other words, no… we can not safely deflate this inflation safely because most of society cannot self sustain or even organize properly to make significant change happen; at least not in the US. The US populace (and most modern societies) have been specially created to be reliant on capitalism.
Everything will stay expensive. Soon places will be rounding change to dimes and quarters instead of nickels as the value of the nickel falls even further below value of the metal it’s made from and the low value nickel loses relevancy as everyday currency.
Republican economy!
My entire life these fuckers have ruined EVERYTHING.