Quote:
Originally Posted by ASAP
You guys are aware that if the RATE of inflation slows... that doesn't decrease the prices, right? It just decreases the rate of growth... unless deflation happens (which is typically thought of as a bad thing), we are all poorer than we were a year ago, 2 years ago or 3 years ago... that is unless somehow your wage growth kept up or outpaced inflation. In most people's cases across the country, wage growth fell way back... so we are going to always be stuck with higher prices than before unless some mass contagion happens with layoffs, a total banking crash or something else.
|
Very of course I understand that.