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So bread can go back to being $.99 a loaf, right?
Prices will never go down. If they do, we’re in big trouble.
What needs to happen is wage growth out pacing price inflation. Which is a tricky thing to do.
No, because then the GDP would go down since the bread that is produced is less “valuable”.
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That’s good news. I mean, it’s better news for some than others. A good economy does seem to benefit some much, much more than others, so it’s especially good news for those who benefit the most. For most of the rest of us, it’s fine news. Like, that’s nice, I guess.
Income growth has been the fastest the poorest.
Like I said, good news.
