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by w14 1222 days ago
Don't forget that even if inflation comes back to 2%, that's still only a rate of change. Prices continue to rise, just more slowly.

The prices that we have today, that so many already can't afford, aren't going anywhere anytime soon.
2 comments
voisin 1222 days ago
Right, the quick answer is that wages have to go up, but then that causes more inflation. So the real answer is that the tax system needs to be overhauled to redistribute such that economic disparities are reduced for the first time in multiple generations.

But I don’t see that happening anytime soon. Not sure how this ends.

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mberning 1222 days ago
Right, it's extremely unlikely that prices will ever go down in aggregate, unless we have a very long and sustained deflationary period.
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