Thread: June at 3%
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Old 07-12-2023, 01:07 PM
OrangeBlossomBaby OrangeBlossomBaby is offline
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Quote:
Originally Posted by Cybersprings View Post
I am a little confused. Prices didn't drop. So there is no price reduction to be passed on. They only went up 3% instead of 6% or 9%.
So - here's how it works:

Widgets were invented 10 years ago, and were $1 each.

Last year, you needed a widget. Last year, widgets cost $9 each.

This year, the same widget is $3.

Yes - it's up from when it first came out on the market. But it's much less than it was last year.