11.15.2022

Of course you already know this

US wholesale inflation eases to 8%, 4th straight slowdown

WASHINGTON (AP) — Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.

 See? There it is, right there. "Easing" does not mean going down, it means going up more slowly. If you consider 8% slow, that is. 

Where I buy groceries there's a point in the checkout process where a computer screen announces the total owed and then asks, "Is this OK? Yes/No." I asked the checkout person, "If I say no, will you negotiate?"

She said she wouldn't. But added, "We think there should be a third button that says "Not Really."

I agree.

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