☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 7 months ago54% of young Americans say food costs are the biggest strain on their financesexternal-linkmessage-square140 fedilinkarrow-up1192cross-posted to: usa@lemmy.ml
arrow-up1192external-link54% of young Americans say food costs are the biggest strain on their finances☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 7 months agomessage-square140 Commentsfedilinkcross-posted to: usa@lemmy.ml
minus-squareCommunistBear [he/him]hexbear41·7 months agoBut I was told that inflation was gone and that the economy is going great?! link
minus-squareRom [he/him]hexbear27·7 months ago Inflation may be lowered but no one ever said anything about bringing prices back down link
minus-squareCoolerOpposide [none/use name]hexbear14·7 months agoThat’s the thing. Deflation never happened and wages were never adjusted, so the impact of inflation just stayed and is still slowly increasing link
minus-squarenothx [he/him]hexbear3·7 months agoInflation only affects the rise in prices, once the price goes up it never goes back down. link
But I was told that inflation was gone and that the economy is going great?!
Inflation may be lowered but no one ever said anything about bringing prices back down
That’s the thing. Deflation never happened and wages were never adjusted, so the impact of inflation just stayed and is still slowly increasing
Inflation only affects the rise in prices, once the price goes up it never goes back down.