12 points

I mean yeah, lower inflation doesn’t mean prices go back down, and wages didn’t inflate for most people.

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7 points

Inflation is still happening just slower. So things are still getting more expensive and wages are not following. It’s not rocket science unless the guy funding your research specifically asks you to never recommend any solutions that don’t make rich people richer.

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17 points

“inflation has slowed, but prices are still high? Why is that?”

literally the title of this thread/article

Man i sure wonder why my rate of increase % lowering hasn’t done much to change the value that it’s cumulatively adding on top of…

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10 points

We were living paycheck to paycheck before that inflation boom too.

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5 points

But it’s also because inflation is a measurement of velocity, not a static indicator. If you have a year with ten percent inflation, that doesn’t go away without deflation happening and the finance industry would rather nuke the stock exchange than allow deflation.

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26 points

Yeah. Because wages have remained stagnant, or even decreased relative to prices. Inflation is supposed to be a response to people making more money, but that never happened. So now we’re all just effectively poorer.

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2 points

Inflation can happen for a bunch of reasons. It’s just always cited in arguments against raising wages. The proper answer to which is, prices went up last year anyways, why can’t prices go up a cent so I can have a dollar?

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