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this post was submitted on 15 Aug 2025
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People need to learn that when they hear 'inflation is down', it doesn't mean things are getting cheaper, it just means that the increase in cost is slowing down.
Is it a psychological tactic that news media is using to make consumers more complacent? Who knows. But, whenever I hear someone mention that phrase like things are improving, I die a little more each time.
How it feels when headlines celebrate that inflation is down:
Celebrating the discontinuance of something bad happening... isn't that weird.
Tactics like this can be used because the education system has gotten so bad that people have terrible critical thinking skills.
They want us smart enough to push the buttons and pull the levers, but dumb enough to not realize how badly we're getting fucked.
The inflation figure is an annual figure though. It means things are 2.7% more expensive than they were last year. OP is showing an example nearer 60%.
It's actually showing 47%. The price is based on pounds which increased from $10.99 to $15.99.
Since it's from April to August, it's actually showing 31% annual.
And since a sample size of one, and the location is redacted (could be comparing Texas with NYC or Hawaii) it's showing nothing.
And meat prices are factored into a CPI I presume.
The Titanic is sinking slower! HORRAY!
if inflation made my paycheck go up, that'd be great. As it stands I have a LOT less buying power and my industry is waffling so I'm only seeing 2% increases for years.
It exists. In Belgium and I think also Luxembourg inflation in prices of common consumer things automatically triggers wages, unemployment money, pensions to rise too. For most jobs it triggers when it hits 2%. Life got 2 % more expensive, wages rise 2 % a few months / a year later. Using a basket of consumer prices, excluding things like fuel, alcohol, tobacco prices
Heh I stopped in Belgium years before the Euro money conversion, chill place. I remember going to an atm to get some local currency to shop and the options were something like 1000, 5000, 10000. It was pre smartphone so I had no idea what the conversion was or what to choose. So I just hit something in the middle and had WAY too much money to buy some fresh fruit and chocolate.
Yet they still manage to fuck us over by "jumping" an index. 2% may not seem much now but compounded we lose a lot over the years
You (and every step angle other employee at your company) should be demanding AT LEAST an inflation adjustment every year from your boss.
"Inflation is just supply-and-demand when you think about it."
Not really... The economy is more and more controlled by a hand full of large multinationals. So if one corporation has 90% of the market (using different brand names to fake competition), they can raise the price far beyond just supply and demand. In the end we all need food and Healthcare etc. When you have the option of paying way to much (for some medicine) or dying, you can't really say no, right.
And shelter, which developers, slumlords, and property management companies would be more than happy to see doubled every decade.
If you include necessities beyond just what is needed to not end up dead, we also have:
There are plenty of places where the average person has no choice but to get bent over and fucked by profit-seeking corporations.
Yes, vut with the supply being almost literally just a printer. Typically 2% inflation are intentionally targeted to prevent deflation (which is also not good).