Keep in mind that inflation rate is a measurement from one point to another for a basket of goods and services. If the rate of increase is 3% from 22 to 23 and 9% from 21 to 22 then the rate of increase from 21 to 23 is 12%. The fed targets a 2% increase for a healthy economy, but negative inflation I believe stagflation is what would get us back to prepandemic prices. However we don’t want that, because the economy would be in shambles.
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