Prices across various industries like furniture, fast food, groceries, and even gas are starting to decrease, a phenomenon that seemed unlikely after years of consistent price increases.
Inflation, though usually rising, can have fluctuating impacts on prices and wages. Deflation periods, while sounding appealing, can lead to economic instability due to consumer behavior changes.
Giants like Walmart and McDonald's are lowering prices amidst a general decrease in prices, a move usually contrary to shareholder interests. The White House is advocating for companies to follow this trend.
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