We did it, y’all! Get the Champagne on ice and gather the townsfolk because America hath slain the beast known as inflation. (Or, at least, it’s hit a turning point.)
Inflation is like acceleration, prices are like speed. If you’re in a space ship moving at a fixed speed, you are* moving* in a direction. Acceleration means your speed is increasing. You’re moving in a direction, faster than before. If you stop accelerating, you’re still moving and you keep all the speed you gained from when you were accelerating. The only way to slow down is to decelerate-- put energy into moving the opposite direction. That would be equivalent to deflation, which has historically been very bad for the economy.
Orange man’s been gone almost four years. Why are the prices still up? I thought they were orange man’s fault?
Inflation is like acceleration, prices are like speed. If you’re in a space ship moving at a fixed speed, you are* moving* in a direction. Acceleration means your speed is increasing. You’re moving in a direction, faster than before. If you stop accelerating, you’re still moving and you keep all the speed you gained from when you were accelerating. The only way to slow down is to decelerate-- put energy into moving the opposite direction. That would be equivalent to deflation, which has historically been very bad for the economy.