Interesting data from Ireland over the last 30 years,
Deflation - Examining Consumer Prices in Ireland since 1980 | Ronan Lyons
The most obvious example is computers, but you would expect falling prices in other sectors as increasing productivity allows people to buy more.
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The falling prices have a little something to do with the one-off event of the dismantling of communism and its replacement with capitalist systems.
Communism as active non-capitalist economic policy only exists in 2 small nations now, so it can hardly be expected to be a major factor over the next 50 years.
When you see the words "Mises" or "Hayek" in someone's post, just ask yourself: do I really want to ban paper money and go back to gold?
You have to pity the kind of people who buy into conspiracy theories. I find the following to be the saddest words on the internet: "Re: connection between Bilderberg puppet lady gaga and viral outbreak in ukraine "
Wtf!
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