Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.
  • Ultraviolet@lemmy.worldEnglish
    51·
    10 months ago

    The majority of people are in debt. If you owe $1000, you’ll still owe $1000 but $1000 will be more money than it is now.

    • Jarix@lemmy.world
      2·
      10 months ago

      If prices drop then you have more money to pay for that 1000 dollars is how proponents are looking at it, i assume