Mark Perry over at Carpe Diem says "One more reason that inflation's not a problem: energy prices are plummeting. Natural gas has fallen by more than 42% in two months, and gasoline was spotted for $2.99 per gallon this morning in Mississippi."
Mark Perry is an economics professor in the School of Management at the University of Michigan (Flint). He holds M.A. and Ph.D. degrees from George Mason University in Washington, D.C. and an MBA in finance from the Curtis L. Carlson School of Management at the University of Minnesota.
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