Quote:
Originally Posted by Rainger99
It is a myth that inflation is coming down. Inflation isn’t going up as fast as it did a couple of years ago but it is still going up.
It is like a flood. If the water goes up 10 feet above flood stage in one year and goes up 3 more feet the next year, the water is 13 feet above flood stage. The water is still rising.
Same with inflation.
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We still have inflation but we have a lower rate of inflation. The goal of the fed is not to have no inflation but to have 2%.
Prices will not come down overall but will go up more gradually.