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If you are seeing prices falling for goods that normally don't drop in price, I think that would be a warning signal. What is What's a little more concrete signal that we may be entering a deflationary period?

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What are the warning signals for deflation?

If you are seeing prices falling for goods that normally don't drop in price, I think that would be a warning signal. What is a little more concrete signal that we may be entering a deflationary period?