Let the celebration commence - as people don’t understand why the CPI is dropping - it’s called a global recession...
If the economy is not bad enough and the people feel cheery and optimistic next fall, then the country will vote for a socialist takeover. Either the American people suffer or the country is lost forever.
I wonder if that one is convoluted enough
Okay, inflation is dropping.
But we are still paying a whole lot more than we did in 2020 for the same item.
The middle class will be better off if there’s a mild recession. So there will be fewer buyers chasing goods. We were able to crush inflation in the early 1980s with a recession in 1982.
I don’t really believe these numbers.
Well, we all see that fuel prices are fairly stable right now, and apparently car prices are imploding. So there’s that.
All people on a modest, fixed income still have to cope with the old $2.49 grocery items that became $4.99 or $5.29 due to inflation. The prices haven’t gone down even if certain segments of the work force got modest raises.
Millions of people are paying more for everything than the day Trump left the White House.
The increase being slowed doesn’t mean we’re back to Trump days.
Grocery stores near me have had additional dumpsters brought on site to handle all the unsold food they have to throw away. They no longer will mark down or reduce prices to move sales. It’s insane!
When you discount food and energy...... 🐮💨💩 and 🖕 to the liars.
Over the weekend, I found at least three grocery items we purchased had gone up in price from the previous weekend. And I am not talking about the volatile items like eggs, milk, beef, and chicken. Each week, it seems like our grocery bill is a $1 or $2 more than expected. Death by a thousand paper cuts.
The 500# fat man didn’t gain any weight this month. Hurray.
Easing would mean a long period of deflation.
Yaye only 2%! 🙄
The beatings will continue until morale improves.
If a company sells widgets for $10 and demand drops then they can offer a sale in the hope of driving more demand.
If the consumer is still not buying then the company could face possible bankruptcy.
What's the one last thing a company could try in order to stay solvent?
Correct...raise their prices, hoping that existing loyal customers will still buy and they can make enough sales to stick around...
In other words...a recession (money supply deflation) can be accompanied by price inflation. The worst of all economic worlds.
Last point - this is global in scope. No country will skate by - unlike most regional recessions we have previously experienced.
Tighten your seat belts...China is sinking first...
Audit Biden’s statistics. Without audits, they’ll cheat.
it’s core that counts. it is still the problem.