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Thread: June at 3%
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Old 07-12-2023, 07:37 PM
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npwalters npwalters is offline
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[QUOTE=OrangeBlossomBaby;2234569]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.[/QUOTE

No here is how it works. 3 years ago it cost $1.00. 2 years ago it cost $1.10. 1 year ago it cost $ 1.22. This year the rate of inflation has slowed so it cost $1.28.
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