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.
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.
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.
Sorry off topic but your name is amazing!
Isn’t that a line from Moana?
Really?! I haven’t seen it but maybe lol