Crude Oil = $75

Wednesday, October 15, 2008 | 10:30 AM

Talk about your deflation:

Crude_oil_75

Crude Oil via Barcharts

Wednesday, October 15, 2008 | 10:30 AM | Permalink | Comments (24) | TrackBack (0)
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Comments

I thought deflation is a decrease in the monetary base, not lower prices??? Educate me please.

Posted by: Concerned Citizen | Oct 15, 2008 10:42:46 AM

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