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Deflation is in the minds of customers, just like Inflation Sunday, November 30, 2008

The New York Times story on Black Friday sales has this quote from a non-shopper,

At Westfield Century City Shopping Center in California, Harper Mance, 31, said: “I’m looking around, thinking, ‘If there are discounts on everything now, what’s it going to be like after Christmas?’ You know it’s going to go down further.”

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