Comments by "Paul Aiello" (@paul1979uk2000) on "Why Prices Might Never Go Back Down" video.

  1. From what I understand of it with inflation, with inflation coming down, it doesn't mean prices come down, it just slows how much they go up, for prices to really come down, you would probably need deflation, or the good will of corporations to lower prices or government intervention. Usually, the price point of goods is always going up on average, in the EU and the US, they usually target a 2% rise, which normally wage rise keeps up with inflation, but over the last 2 or 3 years, inflation has been much higher and made us poorer in the EU and US by around 10-15% and eventually things will settle down as people can't afford as much, which will put pressure on companies to reduce prices, even if it means cutting into their own profits. The good news is, inflation in the EU and US is close to 2% again, which is remarkable how quickly both regions and especially the EU adapted to the energy crisis to get inflation down so quickly, but we are still not out of the words, the war is still raging in Ukraine, relations with China are not so good, and it's probably going to take another 2 to 3 years before things return to some sense of normal.
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