Originally Posted by MariconesUnited
Ok. The US isn't in deflation so you're ignorant on that point.
More like you utterly failed to grasp what was being said. That's OK - there's no real requirement that you understand. But if you do want to understand, go pull the CPI data for this summer (about which I made the deflation statement). You'll see it's net deflationary with energy folded in May-June, slightly positive ex-energy, and then returns to mild inflation on the most recent reading. prices are still broadly below 2007, so the last 3-4 years would have to be termed net deflationary as well.