Saturday, September 16, 2006

Making The Deflationary Case

Three things suggesting deflation, rather than inflation, could take hold:

1) Whiskey and Gunpowder's recent rundown of cheaper steaks at Outback, Cheesecake Factory's discount lunch menu, and TGI Friday's four-dollar appetizers.

2) $15 sneakers endorsed by Stephon Marbury.

3) The housing market.

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