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re: For folks that are old enough to remember the high inflation of 70s-80s
Posted on 6/19/22 at 7:50 pm to saintforlife1
Posted on 6/19/22 at 7:50 pm to saintforlife1
When the recession hits, people will buy less. Prices will come down although it will not happen overnight and the prices on some items may not drop to pre-inflation levels.
2
Posted on 6/19/22 at 8:13 pm to LRB1967
quote:
When the recession hits, people will buy less. Prices will come down although it will not happen overnight and the prices on some items may not drop to pre-inflation levels.
This will be exactly the case.
Posted on 6/20/22 at 11:21 am to LRB1967
quote:
When the recession hits, people will buy less.
recession is simply 6 consecutive months of negative growth. so you really don't know if you're in or out of one in the moment. that said, we've been in limbo economically since Trump decided to listen to the "experts" and greenlit the shut down the country.
it's been chaos and crisis after crisis since, which is precisely what the globalists want to happen. as long as you're in a state of perceived emergency you'll allow them to take away everything.
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