Consumer Prices Fall Record Amount

Friday, November 21, 2008

The Consumer Price Index fell a record 1 percent in October, the steepest one month decline in its history. What do you think?

Caroline Wenders,
Systems Analyst
"America's having a 1 percent off sale? Sweet!"

Greg Trout,
Contractor
"Hey, no one understands that better than me, except for economists, other financial experts, and pretty much anyone else who went to college."

Jeremy Edelston,
Unemployed
"Inflation is bad. Deflation is bad. Is there a direction prices can move in that will leave the economy substantially less fucked?"

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