Talk of The Villages Florida - View Single Post - Fed Reduces Interest Rate
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Old 09-20-2024, 04:51 PM
Aces4 Aces4 is offline
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Quote:
Originally Posted by Bill14564 View Post
Inflation is not running at 9% any longer and appears to be decreasing below 3%. What is *your* definition of "under control?"

As far as food, clothing, and other basics go, simply find the CPI number that includes those.
That is so funny! Prices won't retract to pre-inflation levels and inflation is still going on even if it's lower now.

A good analogy is a fire ripping through one's home, leaving ashes before the local fire department can extinguish all the flames. The fire department finishes and hands the burned off door knob to the owner and says, there you go, it's safe now with no more fire. Enjoy your evening at home.