Inflation has gone down. Doesn’t mean the prices have. In fact they specifically keep going up, because it seems that literally every business has decided the only thing that matters is how much their CEO is worth.
Comment on "I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020
FontMasterFlex@lemmy.world 1 year ago
But I was told here yesterday that inflation is going down and I should be happy things are the way they are… /s
SuiXi3D@kbin.social 1 year ago
KinglyWeevil@lemmy.dbzer0.com 1 year ago
When every industry and consumer goods producer is a monopoly, market competition no longer exists so prices don’t really effect demand. Especially for inelastic goods like gas or food.
1847953620@lemmy.world 1 year ago
So it hasn’t gone down in the sense of the actual purchasing power for the average person. Meaning price inflation.
dipshit@lemmy.world 1 year ago
I didn’t mention this to you. it must have been some other dipshit.
Malfeasant@lemm.ee 1 year ago
corsicanguppy@lemmy.ca 1 year ago
Think how it would be if inflation were to keep going up.
FontMasterFlex@lemmy.world 1 year ago
Keep beating me please massa.
mohammed_alibi@lemmy.world 1 year ago
Inflation is like acceleration. Acceleration going down means you are still speeding up, just at a lower rate. For prices to go down, we need DEFLATION!