I have not noticed wage gains that match the insane price increases we have seen in the last 5 years. Inflation has certainly slowed down by all measurable markers, and we are headed for a deflationary economy - prices go down accompanied by layoffs. Inflation was also not tamed because the silly little repo rate set by the Fed has very little effect on national or global dollar inflation. I agree that things are not better; they are worse than 4 years ago, and things will get much worse for western nations' economies very soon (12 months)
I have not noticed wage gains that match the insane price increases we have seen in the last 5 years. Inflation has certainly slowed down by all measurable markers, and we are headed for a deflationary economy - prices go down accompanied by layoffs. Inflation was also not tamed because the silly little repo rate set by the Fed has very little effect on national or global dollar inflation.
I agree that things are not better; they are worse than 4 years ago, and things will get much worse for western nations' economies very soon (12 months)
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