Posted on 10/24/2022 4:22:14 PM PDT by ChicagoConservative27
true, but,
groceries are up and won’t necessarily come back down because oil does
yes oil will go back down because it always goes up and down, the prices of goods and services not so much...
for the most part prices go up but not down, and the size/weight of everything has changed too
not to mention rent
2024 can only change so much, but it can’t come a minute too soon...
Two years to flatten the curve?
...or three.
I am basing the diesel connection to inflation based on a report from a diesel truck operator. In the report he spelled out changes in his diesel fuel cost last month compared to a 24 months back. From memory, it was close to triple high cost currently.
I am sure you are well aware from farms & mines to factories, from factories to warehouses, from warehouses to retail facilities, everything moves with diesel fuel.
i agree wi everything, i just don’t see mfg’s lowering prices simply because oil/their costs goes down if they can help it...
they want it all to be the new normal
Absolutely, not arguing with you. Just a minor point that monetary inflation is created in Washington DC and no where else while price inflation can happen in many different ways.
We are currently experiencing both in many different areas.
Prosperity is right around the corner. Pay no attention to that man over there with the cup singing “Brother Can You Spare a Dime.” The Great Yellen has spoken.
Washington DC is never going to cut spending.
Only counter-action to over-spending is over-supply of goods and services. That is what PDJT did. He incentivised businesses to produce more.
For inflation to take hold there has to be imbalance between money printing and supply side.
We’ve cut spending before, we can do it again. But yes, increased output of supply of goods and services fights inflation. And this is where cutting regulation comes in.
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