If eggs go from $1.50 to $4.50 in a year, that is 200% inflation. If they stay at 4.50 for the next year, then inflation is 0%. However,  people will still believe inflation is out of control and be upset about it for several years. I think this explains a lot of what is going in. Heck, even if eggs drop to $3.00 next year people will think price have "doubled."

If eggs go from $1.50 to $4.50 in a year, that is 200% inflation. If they stay at 4.50 for the next year, then inflation is 0%. However,  people will still believe inflation is out of control and be upset about it for several years. I think this explains a lot of what is going in. Heck, even if eggs drop to $3.00 next year people will think price have "doubled."

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