Inflation seems to be a near constant in almost every single industry right now.
If you asked myself and others to give you a contrary example to inflation, I would come up empty.
I absolutely cannot believe of anything at the moment that has dropped in price amid all of the other large price increases over the last 2 yearsâ€¦ Cost of living is going up for every single demographic within the larger economyâ€¦ Even our neighbor the attorney is having to make drastic swings in her spending habits to combat the inflation concerns. He’s distraught that she could get behind in mortgage repayments on her several condominiums if she loses renters or doesn’t adjust her spending habits in other areas of her life. As long as fuel plus supplies go up in price, virtually any other great or service is bound to increase as well. The only exception to this rule that I’ve noticed thus far is cannabis in our state in particular. In some states cannabis prices are skyrocketing because of decreasing state plus county taxes on the recreational cannabis prices. My state still only has medical cannabis dispensaries so the people I was with and I lack those state plus county cannabis taxes. Thus, our cannabis prices are dropping this year. The price drops on medical cannabis purchases started last year plus has only increased with the new year. I can’t imagine seeing prices increase on cannabis products until this state legalizes recreational weed plus abruptly has a supply shortage on its hands. Since there are a limited number of cannabis patients plus a glut on cannabis products, the supply is larger than the demand at the moment.