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DEFLATION ?

Econbrowser found this 3/22/2009 on angrybear.blogspot.com

By Spencer, Did you know that over the last six months the compound growth of the total CPI was -5.0%. Of course that is up from January when it was - 5.8%. You have to go back to 1948 to find actual deflation like this, when it bottomed at -4.2%.. Of course much of the deflation was due to ...