Loading ...I see the “stag” but I don’t see the “flation”
Went to the grocery store over the weekend and was pleasantly surprised with prices. Eggs down to $14 for $60, from $30 is the big one, but I noticed a lot of other items were down as well. Butter was down 15% or so, my 12 pack of Canada Dry ginger ale was only $5, it was $7.50 for a long time and this wasn’t some limited time sale. Gas prices are down here 10%
The housing market is crashing (at least here) and set to get a lot worse unless they get rates back zero.
I think the risk is for deflation because of the drop in demand, but what do I know? Mostly nothing. 🙂