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> It doesn't mean anything's getting any cheaper. This is true for the overall price level, but some things did get cheaper: energy (MoM) and used vehicles (Mo
by __derek__ 4y ago
> It doesn't mean anything's getting any cheaper.
This is true for the overall price level, but some things did get cheaper: energy (MoM) and used vehicles (MoM and YoY). Minor nit, granted.
- yamtaddle 4y agoThough I'm also pretty sure the prior inflation on both of those was way higher than the overall, official inflation rate. Earlier this year we were getting offers from dealerships (so, they'd still expect a profit margin on top) to buy a car that was used when we bought it, and that we've driven for a further three years, for like 10% more than we paid for it back when it had way fewer miles and a few less years on it. I've never seen a car appreciate, even in unadjusted dollars, before.