Inflation rises 7.5% over past year, more than expected and highest since 1982

Re:Inflation rises 7.5% over past year, more than expected a... by VincentEvans on Thursday February 10, 2022 @10:55AM (#30287964)

Perhaps you are right. My life experiences in US date back to 1995. I can’t think of a single utility or typical household spending bill that was more expensive in the past than it is now. Can you think of one?

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Re:Inflation rises 7.5% over past year, more than expected a... by hervature on Thursday February 10, 2022 @12:09PM (#30289235)

Not even the five dollar footlong lasted much longer than a decade. Outside of new technology, nothing is going to get less expensive over the time span of 30 years. That's guaranteed by the 2-3% inflation target.

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Re:Inflation rises 7.5% over past year, more than expected a... by VincentEvans on Thursday February 10, 2022 @06:21PM (#30294231)

I don’t disagree with what you said. I am of the opinion however based on my experience - that these large jumps as we experiencing right now - tend to stick and make you wish for the good old 2-3% inflation.

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