Also, prices in some instances increased drastically, let's say something went up 15%-25% in price, and now is going to only go up 3%. That 3% gain is MUCH more

Also, prices in some instances increased drastically, let's say something went up 15%-25% in price, and now is going to only go up 3%. That 3% gain is MUCH more than it was before the 15%-25% price increase. Like interest, inflation compounds. This is one reason people are still feeling the pinch of inflation even as it has slowed. It's hard to explain to people as you've said that prices aren't going to decrease in 95% of instances. Prices are sticky and outside of some goods with high volatility, the prices of 2019 are never coming back. That's a tough position politically too, and one reason I feel despite the economy having done pretty well that Biden is underwater on the economy as a whole. Especially coupled with interest rates rising.