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Message Subject Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
Poster Handle Saddletramp
Post Content
there are a few area of deflation, nothing that means anything substantial but it is here. i work in the golf course supply industry. all the consumables in the pro shops have been back price wise.

bought any music lately? hard copy CD's at best buy are cheaper now than at any time in the past.

clothing at the cheap cheap stores like target and kholls, etc too.

obviously these are not life essentials but there is deflation, just in the fluff areas.
 Quoting: krinkfan


Ahh but see, these "non-essential" spending items are the first to go, while essential items are going through the roof.

Hyper-inflation is not inflation, it is a lack of confidence in the fiat currency in question. Meaning essential items will inflate to the moon, while non-essential items languish on the shelves, while retailers continually discount them in an effort to sell them.

Hyper-inflation is both inflation and deflation...for a modern (globalist) example, see the U.S.S.R. or Argentina, where bread was selling for exorbitant prices, while the stock market was crashing through the floor...
 
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