Quote:
Originally Posted by Stu from NYC
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.
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It amazes me how many people don't understand inflation. The only way to not have inflation is for the world to become totally stagnant. Nothing new, ever. Zero growth. Zero improvement. Tomorrow the same as today. Today same as yesterday, and the day before, as far back as forever.
Inflation is one sign of advancement or improvement. "New and improved" costs more to produce. Therefore it will cost more. Greater population means greater demand for everything. Everything will cost more. It isn't just here, it effects the whole world. It is a fact of life.
PS. And as for BK, I was never a fan. I was also creeper out by the King.