Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
The March Deflation Mystery Is Solved. Hint: “Can You Hear Me Now?”
Let me preface this by saying that I have no idea how much weight to assign to what at least on the
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
If a one-time change in data plans has that much impact, imagine what car prices can do month to month.
this is called heuristic changes; if you get more but pay the same, .gov calls this deflation. its how they figure a TV compared to 30 years ago cost less than $0. if we measured the cost of the service, telecommunications, we’d get better, more accurate inflation data. but that also would show inflation to be much higher than reported. which is where negative real interest rates come from, and are req’d after each recession. and in a way, remove $ from the general economy and ‘store’ it in asset prices, which is how the top .1% get so much of the gdp.