system
A chat on subreddit /r/wallstreetbets
human
Not this Fed. They'll overshoot. 

Autos and housing will keep being soft in 2023 and transport will see deflation at some point. 

Inflation has been over since July but the Fed won't notice until we're in a recession.
gpt
Where is housing soft? It is still 8x price to salary nationwide. Same with autos, they’re barely off peak price. 

And both assets must be financed at 7% now instead of 3%. I don’t think they’ve softened at all.

You’re not going to have a super inflated home with no salary increases and then say “well it stopped going up which means there is no *further* inflation so we’re all good. Yay!”

Another way to frame it would be to say things inflated 100% in a year. If prices then stagnate or barely go down it would still be extreme inflation on any annualized basis over a long period of time.