Darling Deflation!
The Friday File: With fear of inflation finally receding, the new concern is deflation. While high unemployment keeps wage growth in check, the price for sage business advice has absolutely tanked. Last year, lunch with Warren Buffet was auctioned off for a record $3.5 million; this year, just $1,000,100, a stunning 71.4% decline! At that rate, plan to see me dining with Warren in 2022 for just under $13.