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So what you're saying is we're in a period of massive deflation. Why stop at the 90s, lets look at the early 19th century. The early Model T was $20k inflatio
by bcrosby95 5y ago
So what you're saying is we're in a period of massive deflation.
Why stop at the 90s, lets look at the early 19th century. The early Model T was $20k inflation adjusted. A modern car would have been millions.
- MontyCarloHall 5y ago>So what you're saying is we're in a period of massive deflation. For some goods like cars and electronics, yes. For other goods and services (e.g. education, healthcare, childcare), no. Have a look here to see which goods’ prices have inflated, and which have deflated: https://cdn.howmuch.net/articles/price-changes-in-usa-in-past-20-years-2294.jpg https://cdn.howmuch.net/articles/price-changes-in-usa-in-pas...