The slowest loss of buying power in the last three years means very little when it was preceded by absurd inflation since around the covid lockdowns, is my point. Yes it is good news, but often deceiving good news. People dont have more money, their money is just worth slightly more for a slightly longer period of time.
So you’re saying, things getting less bad is not good news?
Cancer in remission is actually bad news, because it’s just shrinking, and not gone yet?
Inflation is supposed to be at about 2%. That’s the goal of the ecb. And if you look at a longer scale, that was met, because the decade preceding covid had hardly any inflation.
The slowest loss of buying power in the last three years means very little when it was preceded by absurd inflation since around the covid lockdowns, is my point. Yes it is good news, but often deceiving good news. People dont have more money, their money is just worth slightly more for a slightly longer period of time.
So you’re saying, things getting less bad is not good news?
Cancer in remission is actually bad news, because it’s just shrinking, and not gone yet?
Inflation is supposed to be at about 2%. That’s the goal of the ecb. And if you look at a longer scale, that was met, because the decade preceding covid had hardly any inflation.
You just want to be pessimistic about everything.