Inflation tracks the value of currency. Grocery store prices track how much corporations can charge you, imagine how bad it would be if the Krogers Albertson Merger wasn’t stopped by the Biden Administration.
But the prices YOU PAID don’t track the value of currency when the prices the STORE PAID are much much lower. The dollar still bought those goods cheaply, and it’s also still buying expensive homes, boats, and planes for some lucky shareholders and board members. It’s just not buying much for YOU because you have limited options to buy from.
Inflation tracks the value of currency. Grocery store prices track how much corporations can charge you, imagine how bad it would be if the Krogers Albertson Merger wasn’t stopped by the Biden Administration.
The value of currency is always relative to goods and services.
Prices track the value of currency.
But the prices YOU PAID don’t track the value of currency when the prices the STORE PAID are much much lower. The dollar still bought those goods cheaply, and it’s also still buying expensive homes, boats, and planes for some lucky shareholders and board members. It’s just not buying much for YOU because you have limited options to buy from.