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by jeffbee 1400 days ago
You're not ever going to see long-term, broad price drops. That would be deflation.

Your statement appears highly misleading, as if you don't understand the topic. Prices (in the U.S.) did not rise at all in July, so it's not clear what you could mean by "8.5% month-to-month" which, as stated, would be a spectacular and unprecedented rate. The month-over-month inflation in July was none. Prices rose 8.5% vs. year-ago.

1 comments

You're right. I don't know what I'm talking about.