Please get the context of the topic. I'm NOT saying the cabal will do it RIGHT NOW, I'm merely saying that they're response from their overadjustment WILL BE another overadjustment. franky1 is right, there has always been inflation, and in the current cycle, it may have already peaked. But if anyone believes that the inflation numbers we saw last year would be the highest, then it's laughable. We'll probably experience something worse in ten years.
Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.
I do not agree with this, they did not overadjusted the situation, they adjusted just right and it will go back to regular life like we had in 2019. Was it economically awesome? Were we all super wealthy and lived an amazing life?
Of course not, economy was always bad for people like me, I still failed to buy many things, but it wasn't as bad as the last 2 years, and it will get better eventually which I am sure that it will cause a lot of trouble for many people, but then it will get better in the long term as well when the time comes and right now it's that better time. We are going back to 2019 if you ask me, not a great life, but a better one.