Prices are still going up, just more slowly. That's the "cooling." It's just a happy face on the fact that we've had several years of awful inflation. But in

Prices are still going up, just more slowly. That's the "cooling." It's just a happy face on the fact that we've had several years of awful inflation. But inflation allows numbers to keep going up while hiding the fact that you can get less with those bigger numbers. People will be glad they're finally making $15/hr or $20/hr without realizing that it may not be as good as what they had before just because everything is more expensive. Meanwhile, politicians can blame "greed" while ignoring that it's caused by them printing money as a way to deflect blame for the stealth taxes.