Reply #11: Temporary drops in prices of outrageously priced things

[customerserviceguy]

is not 'deflation'. As I said, we have seen fuel prices fall in previous times, admittedly not as fast. No economist used the word deflation then.

I also said that it will take time to determine if it is really here. In six months, we will know it. In any case, the economic stimulus proposed by the Obama Administration is the right course of action to get the economy moving again. It is deeply in the interests of that Administration to avoid the appearance of deflation, such a situation will really throttle the economy over the next few years, and make it impossible to recover from Bushco's wrongdoing.