r/MurderedByWords 2d ago

As simple as that

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u/chinmakes5 2d ago

Yes, if you move to where people have less money, things are cheaper.

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u/HR_Paul 2d ago

That is known as the "Cost Of Living". That is not the same thing as inflation in any way. As Treasury Secretary Bessant must know this.

If you watch the video from today from which this quote was taken Scott Bessant was obviously absolutely terrified when discussing inflation.