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there is no expected deflation. So we keep paying the prices as if there is currently a hiring boom, savings glut, wage pressure, and supply side shock. Even t
by shmatt 4y ago
there is no expected deflation. So we keep paying the prices as if there is currently a hiring boom, savings glut, wage pressure, and supply side shock.
Even though all of those have stopped by now, we're still paying even more (5%) than during that time. Pretty crazy
And even when inflation eases, I don't think anyone expects to pay 2019 prices for anything in the next 2 years