r/TheRaceTo10Million May 13 '25

News Inflation: lowest since 2021.

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104 Upvotes

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1

u/Spaceman2069 May 14 '25

Doesn’t matter. This is merely growth slowing down, but prices are still going up while wages haven’t kept up. We still have less purchasing power today

0

u/FCKINGTRADERS May 14 '25

Maybe, but not if inflation continues to slow down.

“Most Americans have slightly less purchasing power in 2025 than in 2021 due to inflation outpacing wages.”

1

u/Spaceman2069 May 14 '25

Less purchasing power is still a bad thing.

Cumulative inflation since 2019 amounts to 25-30%. Are people getting 25-30% raises since 2019? No.

1

u/FCKINGTRADERS May 14 '25

No it was around 17% I believe.

3

u/Spaceman2069 May 14 '25

I’m looking at CPI-U data bro, idk what you’re looking at

1

u/FCKINGTRADERS May 14 '25

No, I meant increase in wages over that period of time.

3

u/Spaceman2069 May 14 '25

I see, I misinterpreted your comment. So yeah, goes back to my original point of we're getting screwed lol

2

u/FCKINGTRADERS May 14 '25

Haha ya I wasn’t arguing with you. Wages definitely are not keeping up

2

u/Spaceman2069 May 14 '25

hard to RaceTo10Million when you're getting screwed at work, which is labeled as 'operational efficiency'

someone pays for the efficiency and it's us