Talk of The Villages Florida - View Single Post - Villages Q3 Market Update
View Single Post
 
Old 11-12-2023, 09:23 PM
Papa_lecki Papa_lecki is offline
Sage
Join Date: Nov 2020
Posts: 2,522
Thanks: 90
Thanked 3,178 Times in 1,181 Posts
Default

Quote:
Originally Posted by JMintzer View Post
Inflation rates can drop, but the lower rate is still based on the much higher prices from the massive inflation we had for 2 years...

Inflation can drop to zero, but we're still stuck with significantly higher prices...
Exactly, it’s not like prices will drop when inflation levels out - if prices drop, that’s called deflation.
Last time there was deflation was 2009, about 2 - 3 months, prices dropped 1 to 2 %, then rose again.