09/09/2026
USA: Why ‘Price Stability’ Is a Myth
When we talk about 'price stability' in the US, it's easy to imagine a world where prices simply stay put. But if you've noticed how some essentials seem to climb while others drop, you're seeing how spending shifts across different goods and services. For example, technology has become more affordable—just think about how supercomputers now fit in your pocket—while luxuries like hotel rooms, sports tickets, and tuition have grown more expensive. This isn't just random. Countless transactions and global production patterns all shape our everyday costs, making the idea of total price stability more myth than reality. Even the central bank can't fully control it. Interestingly, a steadier dollar could unlock investments currently tied up in guarding against inflation—compressing prices for many things, but also pushing up those truly scarce goods even further. As someone who helps buyers and sellers navigate these changing economic tides, it's clear that shifting prices can sometimes mean progress, not just loss, in our economy.
