re: #37 Hecuba’s daughter

That is always the issue: inflation dropping to near 0 means that prices remain about the same as they were yesterday, not that they revert to prices before inflation struck. 1.2% over the past year just means overall food prices are only a little higher than last year — but they are significantly higher than 5 years ago.

Historically inflation has been over 3%/year. The 15 years prior to the pandemic where we had close to 0% rates and sub 2% inflation were an anomaly.