Inflation isn't down, it's cumulative. For it to be "down" it would have to be negative

4 Likes

Very true, Nick and before I pay that much for a steak, I’ll turn vegetarian and grow a garden. LOL

Cumulative inflation refers to the total increase in the price of goods and services over a period of time. It represents the decline in purchasing power of money over a longer period, rather than just looking at yearly inflation rates. This means that even if the annual inflation rate decreases, the cumulative effect over several years can still result in significantly higher prices compared to the past

7 Likes

Dang That is almost as expensive as Venison.

1 Like

Buying $100 Ribeyes.

1 Like