Soft Landing (EP.269)
Animal Spirits Podcast
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Gas Prices Are Under the Rate of Inflation for Ten Years
Golbensack says the immediate reason to expect disinflation is nearly 20 % decline in retail gasolene prices in mid june. Consumer price index, c p i, is up two point six % annually in the last ten years. Gas prices are below the rate of inflation for ten years. That would surprise some people.
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