Motherboard – Economists Say Life Is Going to Be More Expensive Forever, Sorry

These days, it seems like everyone has a few important questions on their mind: Is the economy still in the gutter? Or are things getting better? Does inflation mean prices will stay high forever, or will these prices eventually come back down?  There’s been some developments that suggest good news is around the corner. A version of the Build Back Better agenda was passed—significantly pared down but still, passed. Hundreds of thousands of jobs continue to be created each quarter, and the Inflation Reduction Act (IRA) was passed. Finally, inflation in key sectors has begun to cool off. That last point is key, especially if your wallet has been feeling pinched as prices have skyrocketed over…

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