We just spent $100 for lunch at Chili's. Would Chili's ever lower the price of their hamburger to pre-inflation prices?
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The media’s message of “inflation has decreased” is infuriating, because people assume that to mean that prices are decreasing. Only THE RATE OF INFLATION INCREASING has slowed, but it’s still increasing.
3% inflation is a POSITIVE NUMBER (increase). In order for prices to reverse course, and decrease, it would need to be a NEGATIVE NUMBER (-3%).
It’s like gaining weight at the rate of six pounds per month, then you change your diet, and now you’re only gaining three pounds per month. Your weight hasn’t now decreased; you’re STILL GAINING, you have only slowed down the rate/speed at which you’re gaining.