[oldtimes]

Originally Posted by OrangeBlossomBaby

With very few exceptions, inflation has ALWAYS existed. There's only been a scant handful of years in the past 50 years, when the inflation rate was at a negative. Prices go up. That's just how society works. If you want to eliminate the chance of inflation, you'll need to switch to communism. I'm guessing no one here wants to do that.

Prices are currently up because companies know that you'll pay what they charge for what they're selling. They were up at a much higher rate in the past year because of supply chain issues, among other things. Most of those other things and the supply chain issues are resolved, or resolving. And so the rate has dropped back down.

If prices are still up, it's not because of inflation. It's because of greed. COSTS are down. That's why I can get my gallon of gas for $2.98, and why people getting gas on 466 are paying $3.39.

Oh and to whoever was all upset about it being $3.49 - I was just there today, it's $3.39 at the Circle K by Southern Trace. If you have their payment card thing, it's $3.29.

This is OBB economics and makes no sense to me