☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 25 days ago54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.comexternal-linkmessage-square140fedilinkarrow-up1190cross-posted to: misleadingthumbnails@lemmy.caaboringdystopia@lemmy.worldnews@lemmy.worldusa@lemmy.ml
arrow-up1190external-link54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 25 days agomessage-square140fedilinkcross-posted to: misleadingthumbnails@lemmy.caaboringdystopia@lemmy.worldnews@lemmy.worldusa@lemmy.ml
minus-squareCommunistBear [he/him]@hexbear.netlinkfedilinkEnglisharrow-up41·25 days agoBut I was told that inflation was gone and that the economy is going great?!
minus-squareRom [he/him]@hexbear.netlinkfedilinkEnglisharrow-up27·25 days ago Inflation may be lowered but no one ever said anything about bringing prices back down
minus-squareCoolerOpposide [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up14·25 days 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-up3·25 days 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?!
Inflation may be lowered but no one ever said anything about bringing prices back down
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.