Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Then the original comment should have been pedantic about the fact that they’re clearly talking about the rate of inflation even though they referred to it simply as “inflation”. The rest of us got that.
But it didn’t decrease, the rate of increase is what decreased. Inflation is a measure of acceleration, 7% and 3% are both increasing inflation.
If you’re accelerating slower, you’ve decreased your acceleration.
Yeah, this
But you are still moving. The dollar is worth less.
Then the original comment should have been pedantic about the fact that they’re clearly talking about the rate of inflation even though they referred to it simply as “inflation”. The rest of us got that.
Which would mean it didn’t decrease if inflation was a measure of value. But it’s not. It’s a measure of speed of change in value.
Oh look at that, you accidentally stumbled onto your own answer for why measuring a deceleration counts as a decrease, good for you!
“In the fall of 1972 President Nixon announced that the rate of increase of inflation was decreasing. This was the first time a sitting president used the third derivative to advance his case for reelection.” (p. 1108)