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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 9:39 pm to
Posted by dgnx6
Baton Rouge
Member since Feb 2006
71956 posts
Posted on 2/4/24 at 9:39 pm to
quote:

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


Slowing down inflation just slows down the hurt. I wouldn’t call it improving.

They are still telling you everything will go up x amount this year, on top of what it already went up over the past 3 years. Yay.

Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
36298 posts
Posted on 2/4/24 at 9:44 pm to
quote:

They are still telling you everything will go up x amount this year, on top of what it already went up over the past 3 years. Yay.


Yea. It’s always been like that.


Prices went up 8% cumulatively during the trump admin. That’s 8% on top of all the inflation we’ve experienced before.
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