[thackney]

Watch. It is just getting started.

Inflation has been going down. If that was the real issue, we would have seen more strikes before this point.

[arthurus]

Government acknowledged inflation has been slowing. Real inflation's rise has been slowed. The increase in the rate has slowed but the level of inflation is still rising albeit more slowly. The general price rise has a long way to go but won't be the smooth rise of the past. So long as the stock market continues to rise the prices on the street will continue to rise more slowly but still rather faster than the official half percent. When the stock market crashes general prices will commence to rise rapidly. Most of the new created money went into the stock market. That is why it keeps going up even as the economy languishes. The money went to the banks who couldn't lend it profitably so it got diverted into the Market.
Emotionally I watch NYSE just climb and climb and I want it to fall because people think we must be economically in good shape because of the continual rise. In my head though, I know that it must keep rising if my dollars are to continue to be useful.