Inflation is slowing—Here's why prices still aren't going down

[andriytroyan]

Yeah a slowing down inflation is still inflation. No wonder people feel it goes in the wrong direction…

[rarewaffles]

"Money illusion" is pretty dismissive and is almost victim blaming people for literally getting less each year as prices increase, the main factor being a lack of salary increases to compensate. Most people understand the concept of inflation but also understand that the same carton of milk they bought last year is now more expensive, meanwhile their wages haven't changed. To top it all off, corporations reporting record profits, CEO salaries and compensation packages/bonuses increasing every year....Like make it make sense. It's just greed at this point.

[socialconservative]

People don't have "money illusion." Pay is nowhere close to keeping up with the cost of living.

[BillySBC]

This is what happens when everything you buy comes from a corporate chain, all they care about is stockholders.

[dollarmerchtree]

The illusion is telling you that the economy is doing fine and we are under normal inflation. The reality is that we are the new cash cow. Rent/mortgage, car expenses, insurance, utilities, food cost, and more, have increased at an alarming rate compared to wages. After your monthly bills, very little money is left for anything else. Company greed is gouging their customers on purchase to get profits while they can before the economy collapses.

[williamjeffrey]

Inflation compounds just like interest each year, so 3-4% this year is added to the 20%+ inflation from the last 3 years. Decreasing from the astronomical inflation to moderate inflation doesn’t make things more affordable.

[JessePFitzgerald]

Pricing has inflated for sure, and predictably to substantially. The average person's salary, not so much. A good chunk of people *aren't* getting ahead inclusive of inflation across the board. Increases in wages are used to justify even further inflation of pricing.

[joelballard]

Inflation has pushed prices 50-100% up on just about everything. There needs to be a massive crash of everything and the stupid government has got to stop spending.

[pmarcusb]

So right when the video was going to talk about corporate greed, the short ends. 🤔. I don't think 74% of Americans can tell you the 3 branches of government or average income or what inflation is. Too busy getting misinformation from social media.

[DS-gtft]

Inflation CANNOT happen without a strong and vibrant economy. If people do not have money to spend, they don't spend it and if they don't spend, business don't seel things and they LOWER prices- not raise them.

[geraldallen]

Almost 35 trillion in national depth!! Not going to end well.... Printing more money is not the answer!!!

[ephilippos]

Cause the vendors remain the thieves they are…followthe costs from producer to consumer & you’ll know the real costs…

[LearnToWin]

We as workers need pay and wages to keep up with inflation 💯

[ddee]

But yet, there were record numbers of people traveling over Memorial Day. The Kenny Chesney concert sold out. Baseball games are sold out. I see people buying new cars and expensive grills at Walmart. Some folks are just brainwashed by their bad choices.

[-.TS.-]

Average salary increase has beat inflation. Theoretically we are better off. However, the majority of salary is in the form of equity comp, which is only a handful of c-suites.

[PatrickRyan]

COSTS OF COMPANIES ARE UP. THEY STRUGGLE WITH COSTS AS MUCH AS CONSUMERS. THIS IS A LIE!

[onceuponanexploration]

What is the inflation for? More corporate CEO pay?

[jensumayer]

Most people without formal training in economics think that slowing inflation should mean that prices go back down to the prior level. Such deflation would be harmful to the economy (a whole other video to explain why), but we have not adjusted to the higher baseline yet as prices are still rising - although at a much slower rate - causing pain.

[deevine]

THANKS BIDEN! WE'RE ALL POORER NOW THAN 4 YEARS AGO!!

[KRIPSYNODUTS]

These guys talking about the inflation in last 2 years but not from pre covid, if we include that then it will be 30-50% not 2%.