Saturday, June 08, 2024
Prices Are Never Going Down
Prices Are Never Going Down: Inflation is like the weather. To paraphrase Mark Twain, “everybody talks about it, but nobody does anything about it.” Biden tells us he’s fighting inflation, and it seems as if we hear every day in the news about the Fed leaving interest rates unchanged to fight inflation. But prices are still high and rising. The latest numbers just released show that prices year to date are still rising faster than expected.
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