Well, I’m happy I was able to refinance my mortgage at a fixed rate near historic lows. But the money I save on the mortgage payment may well be spent elsewhere as prices of everything else explode.
I hope we have an assertive Republican presidential candidate in 2024, who can ask, are you better off than you were four years ago, and make it work as a campaign inducement for the voters to send Joe and Kamala home.
Limited government is going to be a hard sell in the coming years. Worse than ever before due to looming funding constraints which will piss off people who have been paying into SS and Medicare for decades. Politicians will have to appease them by debasing the dollar even more.
Ergo, inflation won't be slowing down anytime soon, history always rhymes when the public trough is open/exposed for "business"/political favor.