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Message: <blockquote data-quote="Well-Known Member" data-source="post: 4891053" data-attributes="member: 85066">Prices did not plunge, except for oil. Prices dropped because inflation went down to about zero. But you are correct, prices should rise up a little to where they were before the pandemic. The problem is that they are going well above where they were, Typical inflation is around 1-2% We are around 4% now, almost double where it should be.Stick to what you know. You would make a lousy economist. The Biden administration's out of control spending is adding to inflation, although it is not the sole cause. You can't give away trillions of dollars with no way to pay for it and expect to keep inflation in check. And if you raise taxes to pay for it, you also can't keep inflation in check.</blockquote>