The new inflation figure was down sharply from a 4% annual rate in May, though still above the Fed’s 2% target rate.
  • capr@lemmy.worldEnglish
    52·
    2 years ago

    Nonsense. If the population grows then that means there would be more demand for money, not less. If inflation goes up in this scenario, then that can only mean the money supply has increased. Theres nothing wrong with deflation.

    • protist@lemmy.worldEnglish
      11·
      2 years ago

      Am I reading this right, that you think if there’s more demand for money it would drive prices down? That is incorrect