[ClearCase_guy]

Depending on where you look, you can see signs of Inflation or signs of Deflation. In the dairy case, there appears to be Deflation.

Deflation means there's not much sense in producing the product, because you can't sell it at a profit. So businesses close down, workers get laid off. It makes Obama smile.

[NVDave]

There’s deflation everywhere you look.

And in the last four weeks, the bond yield curve is signaling more deflation to come.