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Ferrets are Cool
Ferrets are Cool's Journal
Ferrets are Cool's Journal
October 5, 2022
My opinion on inflation. It's not going away.
IMO, we are going to have to get used to the prices that things are now. I don't foresee them going down. Yes, gas prices may adjust to the real price of a barrel of oil, but the other commodities we use will stay where they are now, or go even higher.
WE have all championed the raising of wages in this country, as we should. But, that comes with a cost to our bank account.
Corporations live by this one axiom: WTMWB What The Market Will Bear. So, if we become accustomed to these prices, they will stay where they are.
This brings up a question. When do "these" prices stop being inflationary and instead, become the norm?
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Gender: Do not displayHome country: United States
Current location: Mobile, AL
Member since: Wed Aug 23, 2017, 06:43 PM
Number of posts: 21,110