GiddyGap@lemm.ee to News@lemmy.world · 7 months agoYoung Americans' wealth has soared since the pandemicwww.axios.comexternal-linkmessage-square24fedilinkarrow-up114arrow-down121
arrow-up1-7arrow-down1external-linkYoung Americans' wealth has soared since the pandemicwww.axios.comGiddyGap@lemm.ee to News@lemmy.world · 7 months agomessage-square24fedilink
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up14arrow-down3·7 months agoNope. Cost of living is no longer tied to inflation in the U.S. Not since companies have figured out they can get away with endless price gouging. https://www.vox.com/money/2023/11/8/23951098/economy-inflation-prices-job-market-sticker-shock
minus-squarerayyy@lemmy.worldlinkfedilinkarrow-up2arrow-down1·7 months agoNow going to disagree, however inflation is cooling and consumers are beginning to realize that there are other options for them rather than paying what price gougers demand.
minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up2arrow-down7·7 months agoSo you disagree with the official numbers. Great.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up10arrow-down1·7 months agoWhich official numbers show that cost of living and inflation are the same in the U.S. are you talking about? Because there aren’t such official numbers in the Axios article.
Nope. Cost of living is no longer tied to inflation in the U.S. Not since companies have figured out they can get away with endless price gouging.
https://www.vox.com/money/2023/11/8/23951098/economy-inflation-prices-job-market-sticker-shock
Now going to disagree, however inflation is cooling and consumers are beginning to realize that there are other options for them rather than paying what price gougers demand.
So you disagree with the official numbers. Great.
Which official numbers show that cost of living and inflation are the same in the U.S. are you talking about?
Because there aren’t such official numbers in the Axios article.