@psychothumbs to

NewsEnglish • 8 months ago

Deflation Never Happens, Except Right Now

96

Deflation Never Happens, Except Right Now

@psychothumbs to

NewsEnglish • 8 months ago

Walmart, McDonald’s, and Ikea are all reversing some price hikes, but the trend is far from universal.

Chat

bluGill
link
fedilink
2•8 months ago
The Apple II sold for $1298 in 1977. You can buy a mac mini for $599 today. Deflation is real in some markets and we are just fine.
- @[email protected]
  link
  fedilink
  1•7 months ago
  Keyword in some markets. And in that case driven by efficiency increases in comparison with the rest of the economy.

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