News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
Makes sense, there isn't really a thing such as deflation. Pretty sure the last time it happened we had a recession so bad we called it a depression...
I'm far from an economist, who would likely argue that wages should go down in certain times, but I think the political argument would be that nobody wants to be in power when wages go down, and we would expect that if wages were kept as is, you should expect compensating inflation to eventually catch up to that. Again, complete layperson here, so take that with a grain of salt.
Modern inflation is roughly a myth used in fear mongering propaganda and by apologists to excuse abusive behaviors. I'm not saying that there is no inflation, it exists and functions as an economic principal, but what is called inflation is decoupled entirely from the academic definition. Under academic inflation, a business who did not change prices should see a reduction in overall value, and price increases should even out to a neutral state where the value remains constant. If you ever hear "inflation" being used to excuse a price increase or a shrinkflation behavior and the company starts boasting about how much profit they are makeing or they start executing stock buybacks or give larger bonuses to executives, they are lying. Inflation had nothing to do with it. Also, if inflation is really the cause, when deflation occurs, prices should reduce to maintain the valuation, but again, it rarely if ever does.