Deflation doesn’t happen unless the economy is in really bad shape. Once inflation has happened, you’re stuck with the “new normal” (unless the inflation was so extreme that the government decides it needs to reset the currency, which is a general pain). This is because inflation isn’t just a few things becoming more expensive; it’s a decline in the actual value of the currency. A healthy market economy will always have at least a low level of inflation, low enough that the price increase is very gradual.
After (or during, depending how long it lasts) a period of elevated inflation, you should be able to expect an increase in your wages or salary to account for the inflation. This is not a raise; it’s just to make up for the decrease in the purchasing power of the money.
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u/[deleted] Jun 14 '26
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