It is naive to think that prices will go down to pre Covid levels. That is unfortunately not how inflation works. The only way to achieve that is through a massive recession which is even worse for many people. Fortunately, wages are increasing faster than inflation now and have almost caught up with the inflation bump. That is not to say that the problem is over for many Americans but average wage growth has caught up.
Nov 19, 2024
at
2:54 PM
Log in or sign up
Join the most interesting and insightful discussions.