this post was submitted on 14 Feb 2024
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Prices usually don't fall. Falling prices are generally seen as really bad. Prices instead stop going up so fast.
To some degree. We’ve seen prices rise in the pandemic and drop back down substantially over time back to pre-pandemic numbers. Look at price trends for construction supplies, for instance. Not sure if that is what you’re referring to, however
Which is "ok" as wages will start to go up over time (for some). But some wages don't climb as fast and some people are on fixed revenue (old people, disabled people).
So it requires readjustments
Relative to inflation.