Inflation’s Wild Ride
www.nytimes.com
As the presidential election approaches, politicians are focused on who is to blame for price increases. How did we get here?

Price increases have slowed, but getting used to new price levels could take time for consumers.

  • jacksilver@lemmy.world
    0·
    5 months ago

    I don’t know why you’re getting down voted, inflation and wage growth are two different things. Inflation is around targeted levels, which is good. Wage growth still being low or suppressed isnt great, but a different matter.

    Its true that getting inflation under control doesn’t fix high relative prices, but it does stop them from getting higher.