Why prices are increasing but never decreasing? for example: food prices, living expenses etc.

Question

Why prices are increasing but never decreasing? for example: food prices, living expenses etc.

In: 16583

Answer 1

If I were to summarize the last 30 years of my life, it would be this:

Wants get cheaper, needs get more expensive.

In my lifetime, things like tv’s, cell phones, computers, and clothing have gotten cheaper (sure, clothing is also a “need,” but not the way America consumes it).

Meanwhile healthcare, education, and housing have all gotten more expensive.