Global Food Prices Slide For Eleventh Month And Could Soon Show Up In Supermarket Savings
Inflation always goes down in a recession. This is the Biden recession because of insane spending. Inflation got out of control and still is, thus the Fed tightened the screws and increased borrowing rates. This caused this recession and we are in one.
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The worst thing about the Federal Reserve is that it exists.
Inflation will decrease as unemployment increases. But fully expect inflation to return. The Feb is back to quantitative easing. These Eff’n banks won.
It hasn’t happened yet. I can see disinflation, but no deflation. With prices, we are now on a new permanently higher plateau.