U.S. Inflation Is Going Down, But What About Prices?

So lower inflation means lower prices… right?
Corporations: Nahhh 🙃

(via daniellendowns on Instagram)

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[makestank]

Corporate greed, corporate price gouging yes. But you won't hear the Party of big business, the GOP, talk about it or mention it. Geez, I wonder why?

[eh]

Well, the government can tax or penalize windfall profits. There's not "nothing" they can do. Of course, break up monopolies too. And we can buy LOCAL. Limit what we buy from these huge soulless corporations, several of which are pretty anti-democratic.

[isentropic]

FTC is going after monopolies. Split large corporations up. Only chance we have. Vote Blue and push Kamala to keep Kahn in the FTC. It’s our only hope.

[FGHG]

Higher wages AND antitrust enforcement! All the more reason to empower the FTC and keep Lina Khan as the chairwoman!

[racheldavila]

The Supreme Court didn’t help with their overturning of chevron, now stores like Walmart or restaurants like Wendy’s can raise prices on stuff like water during the summer or food during lunch and dinner rushes, Vote Blue to stop corporate greed!

[troypatterson]

It's good to see someone actually understands inflation and the price of goods have nothing to do with one another. Most people think just because inflation drops the price of goods automatically drop too, which is not the case. If something costs $10.00 when the inflation rate is 3.5% then it drops to 3.0%, that product will still be $10.00 regardless of the drop in inflation.

[mbnesbitt]

Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to crypto...

[maces]

Fun fact! Chump gave these same corporations tax cuts! So not only can they charge you me US more! They don't have to pay as much taxes! Great job republicans sure helps the working class and our economy. Hey but the CEOs can buy another multi million dollar boat. Who needs infrastructure, SS and school funding anyways? Harris Walz 💙🇺🇸

[River_]

Price gouging. Increase wages. Form unions.

We never should have sold the family farm house villa ...😔

[TheRandalHandle]

The scam of never ending price gouging is getting out of hand. It's amazing that people refuse to admit it's happening.

[LauraB.]

That’s not the only way for prices to go down. The way for prices to go down is to get greedy corporations, who care more about higher ups and stock prices than they do customers and employees, to lower their prices.

[MagaMonkeysMovetoRussia]

You are wrong! If you want the prices to come down then stop buying them!!!!

[jeffreycheng]

"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

[rogue_two]

I wish more people would understand this point, it needs to be pushed by mainstream media.

[TraumaQueen]

It's called price gouging, by corporations. The government has to prohibit price increase OVER the inflations rate

[richardc]

I disagree on the lowering of prices. If Democrats win back the House, they can enact a price gouging law.

[KeePenne]

Competition can take down the greed and give these corporations a run for their money! Buy smarter and/or change behavior to reduce.

[yoboo]

Agreed. However, as soon as you raise wages, what happens? You've now cut into the profit margin of corporate greed for that product being made, *forcing* cooperations to raise the price on their product again to maintain profits... Its a vicious cycle and it won't stop anytime soon.

[travisvandenhul]

This is wrong. Drop energy prices and prices of goods will follow.

[lisatirkot]

Everything at Walmart went up again this month. Disgusting country. Boycott amazon, boycott all fast food, boycott all major food stores.