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 10 months 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 10 months ago
KinglyWeevil@lemmy.dbzer0.com 10 months 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 10 months 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 10 months ago
I didn’t mention this to you. it must have been some other dipshit.
Malfeasant@lemm.ee 10 months ago
corsicanguppy@lemmy.ca 10 months ago
Think how it would be if inflation were to keep going up.
FontMasterFlex@lemmy.world 10 months ago
Keep beating me please massa.
mohammed_alibi@lemmy.world 10 months 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!