Comments by "Andrew Vare" (@andrewvare3173) on "U.S. Is in Disinflationary Environment: JPMorgan's Feroli" video.

  1. Not in food prices, which hits the unemployed hard. Since there is such disparity in wealth, what looks like disinflation to a 2%er is actually radical inflation to a working American. Sonny Perdue has windbagged against price levels in corn and soybeans, and has completely compromised the legitimacy of the USDA ag numbers in the process.
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  2. In other words, you can't crash the real estate market fast enough..
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