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This is so hard to vocalize, but yes, exactly. Prices aren’t coming down. That’s largely not something that happens. Instead, wages are supposed to increase in
by deepsquirrelnet 2y ago
This is so hard to vocalize, but yes, exactly. Prices aren’t coming down. That’s largely not something that happens. Instead, wages are supposed to increase in response.
You might see little blips around major recessions, but prices go up, driven by inflation.
https://fred.stlouisfed.org/series/CPIAUCSL https://fred.stlouisfed.org/series/CPIAUCSL
Fortunately the rate of change of CPI appears to have cooled off, but the best scenario is for it to track with the previous historical slope, which means prices are staying where they are and increasing at “comfortable” rates again.
- deleted 2y ago[deleted]