Re:Consumer prices increase 2.6 percent
by MontyCarloHall on Tuesday May 11, 2021 @08:12PM
(#27125193)
>So what you're saying is we're in a period of massive deflation.
For some goods like cars and electronics, yes. For other goods and services (e.g. education, healthcare, childcare), no.
Have a look here to see which goods’ prices have inflated, and which have deflated: https://cdn.howmuch.net/articles/price-changes-in-usa-in-pas...
Why stop at the 90s, lets look at the early 19th century. The early Model T was $20k inflation adjusted. A modern car would have been millions.