You know you’ve heard people say inflation hasn’t stopped because prices are still high. Like they’re going to magically get better prices when inflation stops.
The sad thing is that there are a thousand ways to attack prices, or even just give sound bites that the public can run with. But almost all of them would upset neoliberal billionaires, so they can never be spoken.
They think it’ll be like gas prices. They go up, but the “right guy” will make them come back down, ignoring the fact that that only happens with commodities like oil. Once a company raises prices, they rarely bring them back down. Tha6s called deflation, and it’s not good.
You know you’ve heard people say inflation hasn’t stopped because prices are still high. Like they’re going to magically get better prices when inflation stops.
Yeah it’s stupid, welcome to America.
Seen hundreds of lemmy comments arguing exactly that.
The sad thing is that there are a thousand ways to attack prices, or even just give sound bites that the public can run with. But almost all of them would upset neoliberal billionaires, so they can never be spoken.
Actually they’re not wrong, wages were not increased to keep up with inflation so stopping it alone wasn’t enough.
They think it’ll be like gas prices. They go up, but the “right guy” will make them come back down, ignoring the fact that that only happens with commodities like oil. Once a company raises prices, they rarely bring them back down. Tha6s called deflation, and it’s not good.
Well, we kind of need deflation to happen because the alternative is rising wages and that’s not fucking happening.