InterestingUsername@lemmy.ml to Lemmy Shitpost@lemmy.worldEnglish · 9 hours agoGoldlemmy.mlimagemessage-square105fedilinkarrow-up1817arrow-down17
arrow-up1810arrow-down1imageGoldlemmy.mlInterestingUsername@lemmy.ml to Lemmy Shitpost@lemmy.worldEnglish · 9 hours agomessage-square105fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·2 hours agoThat explains why our economy is so shaken today! This level of inflation amounts to 1.2% per year compounded, a relatively low inflation rate for modern-day standards, but rather high given the monetary policy in place in the 16th century.
That explains why our economy is so shaken today!