Talk of The Villages Florida - View Single Post - Given the inflation decline, Fed should be done hiking. . .
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Old 11-08-2023, 07:40 AM
melpetezrinski melpetezrinski is offline
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Quote:
Originally Posted by Aces4 View Post
Yes, please listen to what you've been told... there isn't inflation, there isn't inflation, there isn't inflation. What a crock, prices are rising constantly and in leaps. If the Fed can't get a handle on what we are paying for commodities, taxes, wages and a multitude of items, most of the population will be on the government dole. It's a mess out there.
OK, I'll bite. Exactly who has said "there isn't inflation"? We've seen inflation for the last 50 years except maybe once. Prices almost always rise. Inflation can be stated as declining, decelerating or falling but prices still rise, so we still have inflation. However, it's not "in leaps", unless you want to keep harping on 2022. We are running under 4% for the last 6 months, which is still elevated but is far from being "a mess out there".