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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 9:27 am to fischd1
Posted on 2/5/24 at 9:27 am to fischd1
quote:
You cannot be that stupid to think inflation has gone down. Everything is still very expensive.
![](https://images.gr-assets.com/hostedimages/1461317046ra/18850574.gif)
Inflation is the rate of price growth. So when they say "inflation has dropped," what they are really saying is "the rate of price increases has dropped" (ie: price is still going up, just not as fast as before).
The media is largely to blame for this as they use "inflation" in a manner which can seem to imply that "inflation" can mean prices decreasing. When prices go through "deflation", that's when they actually go down (and it's usually a sign that the economy is in the shitter as it means supply has built up because fewer consumers have extra money to spend).
This post was edited on 2/5/24 at 9:29 am
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