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| Agree, food doesn't seem to be getting cheaper, cost more and more every trip to the grocery store. Gas should be $1.20. How come dealers are still selling $45-60K trucks and SUV's. Utilities keep going up. Some retail sectors are probably the ones seeing the most deflation, which makes sense considering they pull from necessary and discretionary spending. Everything else is moving up, cash has to be coming from somewhere.
As a side note to policy, they had the tax free weekend here a couple weeks ago. Went into a Kohls on a totally unrelated subject on a Saturday, mid-day, and they had 10 registers going and the lines were 4-8 deep on each.....WHO SAYS CUTTING TAXES WONT CUT SOME CAPITAL LOOSE.
Edited by Mizzou Tiger 8/27/2010 11:01
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Chinese inflation
