General Discussion

Last edited Wed Dec 13, 2023, 03:46 PM - Edit history (2)

It really seems like you don't understand my point. Average inflation will rise, but prices affected by hyperinflation will come down with time: gasoline (fuel) will precede food (due to reduced transportation costs, which takes time to percolate) is the typical pattern, so I don't expect CPI to recede quite yet. If fuel prices stay lower, then (in a few months) we will see more of the items affected by hyperinflation (do you know what I mean by this term? I mean prices that have risen far more than the average inflation rate and are typically unstably high) deflate. Your post about how you think I think the CPI will respond makes it clear you did not understand my post perfectly.