Socionomics Alert

This is anecdotal, so no siren. But what a great comment on ZeroHedge illustrating deflationary thinking:

by Andy Dufresne
on Mon, 09/07/2009 - 00:53

Prechter is too extreme of a comparison (I know nothing about waves, other than the ocean)... I am in the deflation first/inflation next camp, I haven't seen the reeeaal deflation yet

by I need more cowbell
on Mon, 09/07/2009 - 01:14

I did for the first time today, Andy. I mentioned to my wife, " Wow, Pottery Barn is having a 75% off Labor Day sale".

Her reponse was, "So?"
That ,muchacas, is deflation.
Emphasis mine.

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