• Semi-Hemi-Demigod
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    fedilink
    334 months ago

    Also, I have never seen prices go down except for gas. The Fed wants around 2% inflation every year.

    She’s a pretty shitty wealth advisor if she thinks these things.

    • Neato
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      English
      144 months ago

      And inflation isn’t like loan or mortgage rates. It going down didn’t change the inflation that built up. It’s cumulative. Those few years of 5-7% inflation made everything more expensive by that amount. And our wages didn’t increase by that amount. So effectively we all earn about that much less for no reason.