Daniel Lacalle: No, prices are not falling

Sharing is Caring!

No. Prices are not falling.

Inflation continued to rise in June. Itbhas risen every month of 2023. Only three items fell in June.

When someone tells you lower Inflation means lower prices, a kitten dies. Save the kittens. pic.twitter.com/qxiMzMnCp5

— Daniel Lacalle (@dlacalle_IA) August 10, 2023

See also Sanity is returning: Daniel Penny found not guilty in NYC subway chokehold death of Jordan Neely

See also Let’s be honest: the only reason anybody feels optimistic is because of equity prices. The economy itself is deteriorating fairly quickly now.