Navigating Inflation and Deflation: A Consumer's Guide.

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Source: The Wall Street Journal
Navigating Inflation and Deflation: A Consumer's Guide.
Photo: The Wall Street Journal
TL;DR Summary

The consumer-price index (CPI) has fallen from 9.1% to 4.9% on a year-over-year basis, indicating that inflation has peaked and deflation is on the way. The author had predicted this 10 months ago, and while not every detail of the prediction has come true, the CPI has made more than half its journey back to the Federal Reserve's target.

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