30NOV23b
Let me be clear to any corporation that hasn’t brought their prices back down even as inflation has come down: It’s time to stop the price gouging.
Give American consumers a break.
1730247565537390998
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peter03102.com/TFiles/#30NOV2…
/N
As long as the inflation rate is positive, prices are increasing. The fact that inflation has come down to 3.2% in October means that prices are still going up, albeit at a slower rate than before.
1730273287358263482
- twitter.com/i/birdwatch/n/…
/N1
Inflation measures how much more expensive a set of goods and services has become over a certain period, usually a year
Inflation: Prices on the Rise
- imf.org/en/Publication…
/N2
When it comes to prices during inflation, what goes up, doesn't always come down.
Prices don't drop when inflation eases. Why your wallet will be hurting for a while.
- usatoday.com/story/money/20…
/N3
Monthly 12-month inflation rate in the United States from October 2020 to October 2023
- statista.com/statistics/273…
/N4
Why does the Federal Reserve aim for inflation of 2 percent over the longer run?
-federalreserve.gov/faqs/economy_1…
/R1
stop sending hundreds of billions to other countries
Travis_in_Flint/status/1730248930288411129
companies can only truly gouge if they have a monopoly, are involved in collusion, or they serve a fundamental need
BillyM2k/status/1730302228903424079
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/R2
This has to be the best community note in history.
KonstantinKisin/status/1730346198731575392
“Listen, Jack, just lower your prices” is a helluva economic strategy.
damintoell/status/1730252236213641346
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/R3
Let me be clear: Someone else is writing these posts
joebldenpress/status/1730247895813943700
Let me be clear to everyone who thinks inflation is low enough to reduce prices — it isn’t.
Inflation is cumulative.
Bubblebathgirl/status/1730248460341826004
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