Politics : Can inflated prices go back down?

Like will every thing at Dollar Tree that now costs $1.25 ever go back down to just being $1.00 each?
Will I have to keep on paying 20 cents more for OJ and other grocery items that have gone up?

Let's go Brandon!
(Fuck Joe Biden!)

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"Please vote to preserve the unique character of Warren…" - Robert Duvall

Only if you vote Bernie, then everything will be free.

Prolly not.

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😺 Schrodinger's Cat walks into a bar, and doesn't. 🤨 Let's go, Brandon! 🤨 Try that in a small town.

Ten-Bit Tree and the like will never go down with the current funny money. Things that people can't afford because of high interest rates can still go down, housing is due for a fall. The car market is already suffering.

Remember, when currencies fail, they become worth less before they become worthless.

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No. Deflation causes a whole different set of problems and is arguably even worse.

So when prices go up they stay up?
Well, that sucks!

Fuck you Asshole Joe!

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"Please vote to preserve the unique character of Warren…" - Robert Duvall

Can inflated prices go back down?

Yes, they can. Gas, for example, has come down a fair amount since last year.

Think of the situation in terms of the opposing forces of Supply and Demand. Prices have shot way up on a lot of things, but this has made most people think twice about buying stuff at these high prices, so they cut back: buy less, or better yet, don't buy at all. i.e., less Demand. Producers and retailers are left with excess inventory, i.e., more Supply. Solution? Cut prices, hopefully to attract more buyers. Also, slacking demand eventually trickles into layoffs and higher unemployment = even more slackening in demand, because most unemployed people aren't too keen on spending money. This is where it gets dicey, because the situation could snowball into deflation and depression. That's not a real desirable result.