(no subject)

[randomness]

I just paid $1.939 for unleaded gasoline. That was the credit card price; the cash price was $1.909.

They're playing Christmas muzak already.

Comments

[tactical-grace.livejournal.com]

Tell THAT to all the doomsayers who say our economy is in trouble!

[signsoflife.livejournal.com]

I thought deflation WAS the sign that our economy is in trouble.

That and the elder gods rising from the ocean depths.

[r-ness.livejournal.com]

That and the elder gods rising from the ocean depths.

Oh, they're just looking for a bailout from the Feds.

Get in line!

[evilmagnus]

Much as I hate to say it, falling gas prices aren't evidence of deflation. Rather, it's the global economy going into the shithole causing demand to fall off a cliff and a lot of speculators losing their shirts.

( I'm actually firmly in the deflationary camp, but I'm an Austrian Deflationista, not a Keynesian / plebian deflationist :-) )

[r-ness.livejournal.com]

I'd be really surprised if someone gave me the hairy eyeball for buying gas for myself. :)