> It doesn't mean anything's getting any cheaper.
This is true for the overall price level, but some things did get cheaper: energy (MoM) and used vehicles (MoM and YoY). Minor nit, granted.
This is true for the overall price level, but some things did get cheaper: energy (MoM) and used vehicles (MoM and YoY). Minor nit, granted.
Earlier this year we were getting offers from dealerships (so, they'd still expect a profit margin on top) to buy a car that was used when we bought it, and that we've driven for a further three years, for like 10% more than we paid for it back when it had way fewer miles and a few less years on it. I've never seen a car appreciate, even in unadjusted dollars, before.