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To: Tell It Right
In the 12 months through February, inflation, according to the century-old consumer-price index, was 3.2%, compared with 6% a year earlier.


It's the RATE of Inflation that has gone down.

53 posted on 04/07/2024 4:13:29 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie

HOORAY!!!!


A lot of us FREEPERS remember our math!

57 posted on 04/07/2024 4:23:20 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie

Prices, especially in a broad basket like the CPI, rarely go down.

You will see components of it (eggs, gas, etc) drop from one period to the next. But overall, the higher prices are baked into the system until there is a disruption. That disruption is usually stuff like war, peace, or something technology related.

We are stuck with the high prices for a long time.


58 posted on 04/07/2024 4:35:28 PM PDT by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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