TLDR; climate change, Russia, supply chain not recovered, labor shortages; more price increases expected :/

  • EhForumUser@lemmy.ca
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    edit-2
    1 year ago

    It was, but we also saw deflation in 2009. It is less common for us to see than inflation, to be sure, but it is far from something that never happens. On average, we experience it about once every decade. No doubt it will be twice this decade by the time we reach the end.

    • Peppycito
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      If you’re taking 2 steps forward and 1 step back, you’ll still get where you’re going. For deflation to be a thing we’d need 2 steps back to every step forward. Otherwise it’s inflation with pauses.