Quote:
Originally Posted by JMintzer
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...
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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.