Talk of The Villages Florida - View Single Post - Inflation Is Still Here
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Old 01-10-2024, 07:51 AM
Marathon Man Marathon Man is offline
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Quote:
Originally Posted by frayedends View Post
People tend to misunderstand. Inflation going down doesn’t mean prices go down. It means they aren’t going up as fast as they were. But in your case a more than 10% increase in price would indicate inflation is going up. At least on that product.
Well said. The post-Covid months saw prices rise rapidly. We should not expect them to come down. Eventually, life will seem normal again. Eventually.