Remember, folks … Biden wakes up every morning and sets the day’s inflation rate and gas prices before he even goes pee. Inflation is not the result of corporate greed, but rather one guy who wasn’t in any elected office when the problems began.
Or at least, that seems to be what’s trying to be floated as adult discussion grounded in reality. This is noise, not signal.
This is a pretty optimistic view. Inflation is (mostly) a one way street. The rate at which prices are rising might have slowed down, but the prices themselves aren’t going to go back down. That damage is already done. Come next year, I don’t think people are going to be thinking “I’m paying an extra dollar for a big mac than I was 4 years ago, but at least it didn’t go up another dollar this year too”
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This is a pretty optimistic view. Inflation is (mostly) a one way street. The rate at which prices are rising might have slowed down, but the prices themselves aren’t going to go back down. That damage is already done. Come next year, I don’t think people are going to be thinking “I’m paying an extra dollar for a big mac than I was 4 years ago, but at least it didn’t go up another dollar this year too”