One answer is to look at alternative currencies. Here's an FT article, originally from 1983, on the Mars Bar Index. Any more detailed updates?
Dearieme says "Mars Bars were 99p per pack of five in our Co-op recently. Bargain!" Is this proof of deflation?
2 comments:
I think this is
http://anti-citizen-one.blogspot.com/2008/08/strong-sign-of-deflation.html
But I discovered yestreen that the bargain packs have vanished: it's back to top-dollar pricing. That represents an enormous burst of inflation.
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