[empath-nirvana]

This is just a consequence of the inflation countermeasures working.

During the inflationary period, people were flush with cash, demand increased, there were shortages, everyone raised prices, profits surged, companies hired workers for higher wages, people got more money, etc.. Everyone was mad because they got big raises, which were obviously the result of all their hard work which corporations suddenly saw and appreciated for a large percentage of people all at once and _also_ "greedy corporations" suddenly en masse decided that they no longer wanted to be charitable enterprises and decided to raise prices to steal money from the pockets of hard working americans.

Or, you know, there was a bunch of inflation and wages and prices went up in parallel.

And now money is no longer flowing into the economy, some companies went too far raising prices anticipating more inflation, and now they're losing sales and that's hurting profits, and they're going to end up cutting prices to increase sales and maximize profits again.

Nature is healing.

I think a lot of people have the impression that inflation reduces how much stuff people can afford and generally it's fairly neutral in that respect. There's a certain amount of production and a certain amount of demand and in general it will balance out and no matter what's' going on with inflation people are gonna be able to afford the same amount of stuff. I think people had this idea that if we got inflation under control that suddenly everyone would be able to afford to buy all the stuff they wanted to buy, and they just can't.

The main reason inflation is bad for most people is instability and you have to keep getting raises to keep up with prices. You get a raise, you can suddenly buy some stuff you couldn't before -- prices go up and now you can't again. Then you get a raise, can afford to buy a bunch of stuff, and prices go up and now you can't again. (not to mention that toll it takes on saving, but even that isn't that bad if you own stock instead of holding cash, because asset prices inflate, also)