For context – I just saw a post that said for the first time since 2020 McDonald’s hasn’t made as much money or something, and their prices have increased 40% since 2019. – if big companies start losing profit because people chose to not spend their money there because they can’t afford it, Would prices ever go back down?
In: Economics
Prices will never decrease. If inflation gets to zero, that just means prices aren’t increasing. It would take negative inflation or “deflation” for that to happen. Given how apoplectic the Fed gets when you even mention “deflation” it ain’t gonna happen. We have a $34 trillion debt that needs to be inflated away.
Latest Answers