☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 1 year ago54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.comexternal-linkmessage-square104fedilinkarrow-up1173cross-posted to: aboringdystopia@lemmy.worldnews@lemmy.worldusa@lemmy.ml
arrow-up1173external-link54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 1 year agomessage-square104fedilinkcross-posted to: aboringdystopia@lemmy.worldnews@lemmy.worldusa@lemmy.ml
minus-squareCommunistBear [he/him]@hexbear.netlinkfedilinkEnglisharrow-up38·1 year agoBut I was told that inflation was gone and that the economy is going great?!
minus-squareRom [he/him]@hexbear.netlinkfedilinkEnglisharrow-up26·1 year ago Inflation may be lowered but no one ever said anything about bringing prices back down
minus-squareCoolerOpposide [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up14·1 year 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-up3·1 year 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.