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Stunning New Music and Video From Crowded House: "Teenage Summer"

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JC14/13/2024 4:46:50 pm PDT

re: #23 retired cynic

Man, it sure doesn’t look that way to me. I buy basically the same things every week, year in, year out. And what used to cost $110, is now closer to $150. That meshes with the 27% since 2018, but not at 1-2% per year over that time. There is a real disconnect between those two sets of numbers. I don’t blame Biden, of course. I blame some core inflation and some corporate greed.

That’s due to the inflation 2-3 years ago. Prices haven’t dropped overall (deflation), but the rate of increase fell well below the rate of earnings growth. Again, these are national averages; individual areas, items, and circumstances can vary greatly from the averages.