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re: So did the fed really fix inflation or did the supply chain problem etc just fade out
Posted on 2/4/24 at 8:11 pm to TutHillTiger
Posted on 2/4/24 at 8:11 pm to TutHillTiger
I haven't noticed anything getting cheaper. The baseline just moved up and it's likely permanent.
4
Posted on 2/4/24 at 8:34 pm to DownshiftAndFloorIt
quote:
I haven't noticed anything getting cheaper. The baseline just moved up and it's likely permanent.
quote:
Groceries are still expensive AF
Improving inflation does not mean deflation. Anyone suggesting that lower inflation rates means prices are back to where they were a few years ago doesn't understand what the terms mean
Posted on 2/4/24 at 8:37 pm to DownshiftAndFloorIt
Most prices aren’t going to go back down. Gasoline prices will always fluctuate but I think our refineries are producing at full capacity, so as long as demand stays high, so will prices.
If prices of all consumer goods decrease, that will mean a recession or depression. We really don’t want the CPI to go negative. I would like to see it down to 2% annually.
If prices of all consumer goods decrease, that will mean a recession or depression. We really don’t want the CPI to go negative. I would like to see it down to 2% annually.
Posted on 2/5/24 at 6:32 am to DownshiftAndFloorIt
quote:
I haven't noticed anything getting cheaper. The baseline just moved up and it's likely permanent.
This was discussed on CNBC last week. Apparently Costco has told name brand suppliers that they need to start cutting prices or they will be replaced with Kirkland branded products. Walmart is going to start sending the same message as well.
Posted on 2/5/24 at 8:25 am to DownshiftAndFloorIt
quote:
I haven't noticed anything getting cheaper.
Welcome to every year of your adult life except maybe 2008/09.
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