re: Soft landing: Did the Fed really somehow achieve the impossible?

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Nah, inflation is slowing down…just not to 2% yet.

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Let’s say it gets to 2% or even lower. What about the current price levels do you think are sustainable? Wages have nowhere near kept up with inflation. For the most part, wages have increased for the lower sector or entry level employees. Now employers are paying higher wages for workers that are just as likely to cause problems as they are to generate revenue. Credit card debt is high and people are depleting the savings they’ve accrued over the last 5-10 years. It’s only a matter of time before most things become unaffordable for regular folks. People need a home, a vehicle, and food, all of which are way too expensive at this point.