The Bonddad Blog
Still nerdy after all these years
Tuesday, March 17, 2015
February may have seen a sharp intensification of deflation
- by New Deal democrat
I have a new post
up at XE.com
. According to the Billion Prices Project, consumer prices fell sharply in February.
If so, that puts entirely different gloss on the February decline in nominal retail sales, and suggests that real Q1 GDP will not be as poor as feared.
New Deal democrat