this post was submitted on 20 Aug 2024
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Explaining the inflation rate (lemmy.world)
submitted 3 months ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works
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[–] ryathal@sh.itjust.works 1 points 3 months ago

Price decreases as a result of the value of money increasing are negative inflation. Mmt proponents seem to have corrupted the definition to be any price increase is inflation and any decrease is deflation though.