"On a month-over-month basis, however, prices fell for the fourth month in a row, down 0.3 per cent as the effects of the recession undercut pricing power. While gas prices increased on the month, cars, in particular, were much cheaper." .
Add to that the larger than expected contractiion of 6.2% in the preceding quarter, the sudden fetish for cutting back and savings gripping the debt-laden American consumer and the diminution of asset values, :
and we have the unfolding of a potentially devastating cockscrew-like downward spiral into the abyss.Revert: If that deflationary spiral does indeed materialise, then its the end of the illusion spun by the Messiah of Change. Stupid fella, this Berak Obummer!!