psychothumbs@lemmy.world to

News@lemmy.worldEnglish · 6 months ago

Deflation Never Happens, Except Right Now

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Deflation Never Happens, Except Right Now

psychothumbs@lemmy.world to

News@lemmy.worldEnglish · 6 months ago

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

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bluGill@kbin.social
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6 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.
- jmcs
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  6 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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