Talk of The Villages Florida - View Single Post - Fed Reduces Interest Rate
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Old 09-20-2024, 05:43 AM
NoMo50 NoMo50 is offline
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Quote:
Originally Posted by Boomer View Post
Inflation peaked at 9.1% in mid-2022 as we were making our way out of Covid.

NOW inflation is at 2.5%.


Boomer
Don't be fooled by the spin. Sure, 2.5% inflation is better than 8%, but let's be careful calling it a win. This is on top of the cumulative high inflation rates over the past 3 years. Don't kid yourself...you feel it with every trip to the grocery store, the gas station, your favorite restaurant, etc.

Yes, the operation was a success...but the patient died.