Many products, from clothes to cars, are certainly cheaper than they were a year ago. But full-blown deflation requires a persistent fall in the overall price level
The truck I bought in 1987 can be had for about the same $ amount today (though it's truly more if there has been deflation).
The part that gets me is why does a cheeseburger and iced tea cost 5 bucks?
4 posted on 10/11/2002 4:00:56 AM PDT by justsomedude