“falling inflation” means prices are still rising…the rate of increase is what has decreased. What we need is negative inflation…or said differently, price decrease.”
Im not arguing validity, but just commenting on how i think people en masse will hear what top comment actually said.
You very well may be correct. But it requires the inclusion of wage change which the top comment didnt include. Minimum wage is a protection against employers lowering wages. So for those who are already at that minimum, they will be in a better position
Assuming they still have a job. Which im sure you would argue they wouldnt. And i wouldnt bet against you if you did argue that would happen
If prices drop then you have more money to pay for that 1000 dollars is how proponents are looking at it, i assume
You don’t though. Wages don’t rise to keep up with inflation, but they’d sure as shit drop to keep up with deflation.
Im not arguing validity, but just commenting on how i think people en masse will hear what top comment actually said.
You very well may be correct. But it requires the inclusion of wage change which the top comment didnt include. Minimum wage is a protection against employers lowering wages. So for those who are already at that minimum, they will be in a better position
Assuming they still have a job. Which im sure you would argue they wouldnt. And i wouldnt bet against you if you did argue that would happen