Inflation was under control in 2009. The reasons people are worried about today’... | Hacker News

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		Nbox9 on Nov 17, 2021 \| parent \| context \| favorite \| on: Expectations data indicate the US is entering rece... Inflation was under control in 2009. The reasons people are worried about today’s economy are very different than 2009.

throw0101a on Nov 17, 2021 [–]

Yeah, when an economy is losing 800K jobs per month inflation is usually not a problem, deflation is. In 2009 things went negative:

* https://fred.stlouisfed.org/series/FPCPITOTLZGUSA

Inflation is usually sign that the economy is running too hot. I think a lot of folks would say that's a 'nice problem' to have.

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