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re: So did the fed really fix inflation or did the supply chain problem etc just fade out
Posted on 2/5/24 at 9:16 am to Jcorye1
Posted on 2/5/24 at 9:16 am to Jcorye1
quote:
How is it fixed?
It’s pretty straightforward- prices were going up nearly 9% annually 18 months ago, and now they’re only going up around 3.3%.
With wages growing at 5.2%, purchasing power has improved over the last year and a half.
Things were shitty and they got less shitty.
1
Posted on 2/5/24 at 9:27 am to slackster
quote:
Things were shitty and they got less shitty.
Aka not fixed. If a boat is leaking, lessening the leak isn't fixing it, it's a patch job that will eventually implode. Obviously inflation will occur, but it's comical to me people want to say "it's fixed" when it's gone from nuclear level shite to horrendous shite.
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