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Inflation is cooling, but most Americans say they haven't noticed (www.cbsnews.com)

submitted 2 years ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] clover@slrpnk.net 5 points 2 years ago (1 children)

We haven't noticed because prices are still high. Cooling inflation, is just a decrease in the rate of rise. That's not something most people are going to intuit. Especially when most people would interpret that phrase to mean a return to pre-inflation prices.

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[–] GiantSpoonWielder@lemmygrad.ml 2 points 2 years ago

Wake me up when my pay has caught up to the last few decades of inflation.

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