> you left out the fun part.  Nominal GDP actually fell,
> but the price level went down more (3/10's%).  We're
> in a deflationary recovery.  Will wonders never cease.
> 
> mbs

it's not _really_ deflation until it's sustained for a few quarters and
money wages start falling too. That's when the shite hits the thermantidote!
Jim Devine

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