Why Many Huge Long-Term Price Increases Are Illusory – Or Even Deflationary

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Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: Consumer price complainers seldom cite prices that decline dramatically, but let me rehearse a few. I recall flying coast-to-coast in 1975 for about $900 a ticket. It’s half that now. A long-distance phone call could cost $2 a minute in prime time. Now, […]