There is no deflation, that would be a sign of a failing economy. Best that can happen is prices stop rising and hold steady while wages catch up. The fed can encourage this by raising interest rates and cutting back currency supply, but that is the opposite of what the controlling party is pushing for.
There’s true currency inflation, which is dangerous to revert, but this is really talking about cost of living increases driven by tariffs and commodity pricing. Those can absolutely go back down without being a disaster for the economy.
There is no deflation, that would be a sign of a failing economy. Best that can happen is prices stop rising and hold steady while wages catch up. The fed can encourage this by raising interest rates and cutting back currency supply, but that is the opposite of what the controlling party is pushing for.
There’s true currency inflation, which is dangerous to revert, but this is really talking about cost of living increases driven by tariffs and commodity pricing. Those can absolutely go back down without being a disaster for the economy.