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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 8:14 pm to TutHillTiger
Posted on 2/4/24 at 8:14 pm to TutHillTiger
quote:
So did the fed really fix inflation
Did everything go back to the prices they were?
So no, they haven’t fixed shite.
4
Posted on 2/4/24 at 8:33 pm to GoldenGuy
quote:
Did everything go back to the prices they were?
So no, they haven’t fixed shite.
lol
Posted on 2/4/24 at 9:16 pm to GoldenGuy
quote:
Did everything go back to the prices they were?
So no, they haven’t fixed shite
Inflation going down just means prices are going up less rapidly. They'll likely never go back down. That's deflation.
Posted on 2/5/24 at 8:27 am to GoldenGuy
quote:
Did everything go back to the prices they were? So no, they haven’t fixed shite.
This board’s understanding of the economy and inflation is so warped by politics we actually have people that think deflation would be a good thing.
Posted on 2/5/24 at 8:37 am to GoldenGuy
quote:
Did everything go back to the prices they were? So no, they haven’t fixed shite.
Prices are no longer going up 7% YOY. Your scenario would actually require deflation. And, if you think inflation is bad, which I very much do, deflation is way worse. Great Depression and Great Recession worse.
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