Still Waiting for Deflation to Happen

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Posted by Noveau67 on March 17, 2009, 1:37 pm
 
  Hey, where's the deflation?  Where's the plunge in prices that was
promised??

  All I see so far is a return to "normal" prices in gas and housing.
My food costs are still way too high.  What has gone down in
price ????  I've seen plenty of stuff go up in price, but not down,
except for the return to "normal" when gas went back down to normal.

Posted by Rod Speed on March 17, 2009, 2:15 pm
 
Noveau67@aol.com wrote:


Have a look at the gasoline price sometime.


Thats still deflation.


Your problem.


Gasoline, houses, cars, quite a bit of food etc etc etc.


Then you need to get out more.


Pity about houses, cars, quite a bit of food etc etc etc.



Posted by catalpa on March 17, 2009, 6:11 pm
 

Retail price of milk is well off the high and wholesale price has been cut
in half.

Rice prices have collapsed, I bought the store brand 20 lbs for $5.99.



Posted by ares on March 17, 2009, 7:59 pm
 Gas prices are about half of what the high was.
Milk went from almost $4 a gallon to almost $3 a gallon.
Many home prices are almost half what they were a year ago, and that is a
huge drop in dollars paid.
I believe some rental prices have dropped...
ares



Posted by Jeff on March 17, 2009, 11:38 pm
 ares wrote:

  Basic staples have come down, like potatoes, onions, rice. Lots of
things are down. Gas is half it's peak Most of things were driven
artificially high.

   Jeff




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