this post was submitted on 17 Dec 2023
32 points (90.0% liked)

Economy

348 readers
475 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 1 year ago
MODERATORS
sv1sjp@lemmy.world
32
Inflation has cooled a lot. So why do things still feel so expensive? (text.npr.org)
submitted 10 months ago by SapphireVelvet84839@lemmynsfw.com to c/economy@lemmy.world
15 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 4am@lemm.ee 5 points 10 months ago

Also, “inflation is down” just means that it has slowed back to a more normal pace; prices aren’t gonna go down. Inflation is permanent (unless we have deflation but rich people will never allow that)