☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 8 months ago54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.comexternal-linkmessage-square140fedilinkarrow-up1192arrow-down11cross-posted to: misleadingthumbnails@lemmy.caaboringdystopia@lemmy.worldnews@lemmy.world
arrow-up1191arrow-down1external-link54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 8 months agomessage-square140fedilinkcross-posted to: misleadingthumbnails@lemmy.caaboringdystopia@lemmy.worldnews@lemmy.world
minus-squareCommunistBear [he/him]@hexbear.netlinkfedilinkEnglisharrow-up41·8 months agoBut I was told that inflation was gone and that the economy is going great?!
minus-squareRom [he/him]@hexbear.netlinkfedilinkEnglisharrow-up27·8 months ago Inflation may be lowered but no one ever said anything about bringing prices back down
minus-squareCoolerOpposide [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up14·8 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
minus-squarenothx [he/him]@hexbear.netlinkfedilinkEnglisharrow-up3·8 months agoInflation only affects the rise in prices, once the price goes up it never goes back down.
But I was told that inflation was gone and that the economy is going great?!
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.