And inflation isn’t like loan or mortgage rates. It going down didn’t change the inflation that built up. It’s cumulative. Those few years of 5-7% inflation made everything more expensive by that amount. And our wages didn’t increase by that amount. So effectively we all earn about that much less for no reason.
Also, I have never seen prices go down except for gas. The Fed wants around 2% inflation every year.
She’s a pretty shitty wealth advisor if she thinks these things.
Sorry off topic but your name is amazing!
Isn’t that a line from Moana?
And inflation isn’t like loan or mortgage rates. It going down didn’t change the inflation that built up. It’s cumulative. Those few years of 5-7% inflation made everything more expensive by that amount. And our wages didn’t increase by that amount. So effectively we all earn about that much less for no reason.