Looking at the two big news publishers in my country. One isn’t reporting about the current bombings at all, while the other one is phrasing their words mostly anti-Palestinian....
No and that is unfortunately by design. The federal reserve targets 2% inflation as “the ideal.” Prices dropping across the board ie negative inflation is called deflation. Deflation can lead to a deflationary spiral where prices drop reducing busines income resulting in layoffs which causes people to spend less causing a drop in income for businesses… The federal reserve attempts to control the money supply (and inflation along with it) through setting interest rates as the lender of last resort for banks. These rates indirectly control how much money is dumped into the banking system and eventually broader economy. The lower the rates the more money enters the system, the higher the rates the less money enters the system. (simplification but good enough for ELI5) However, because the federal reserve can only reduce rates to 0% there is a limit on how much money can be injected into the economy through cheaper lending (government spending is a potential work around for this limitation) so it is seen as being much more of a hazard than runaway inflation as in the latter case, rates can be raised to an arbitrary degree. ie rates are raised until inflation drops.
While reduced inflation is good on its own, there are several indicators that the economy is likely to enter a recession within ~1 year or so. eg. short to medium term givernment bond rates, the general trend of recessions following substantial monetary tightening (higher rates) by the federal reserve etc.
This reminds me of walmart feigning being some poor defenseless constantly on the edge of being broke company to guilt employees into overworking themselves and not bothering to ask for raises.
What's the hottest and coldest temperature you've ever been in?
Indoor temperatures don’t count. I’m talking about the weather....
what was your first video game/system you played or remember playing?
mine was snafu on intellivision. i think i liked it because it reminded me of the light cycles from tron.
Where can I NEUTRALLY keep up to date about the Palestina/Israel situation?
Looking at the two big news publishers in my country. One isn’t reporting about the current bombings at all, while the other one is phrasing their words mostly anti-Palestinian....
U.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures ease (www.politico.com)
"Profitable Strategy" by Work Chronicles (workchronicles.com)
Source: workchronicles.com/profitable-strategy/...