Has the "Long Deflation" Broken Price Signals for Consumer Goods

Plus! Airbnb, SMB data, Adpocalypse, Black Swan funds, Zoom's Reputational Bug Bounty

There’s a famous chart of cumulative inflation from the late 90s to the present, broken down by sector:

https://www.aei.org/wp-content/uploads/2019/01/cpichart2019.png

Usually, the emphasis is on the parts that grew: healthcare, education, childcare, housing. How you interpret this depends on your beliefs: libertarians note that these are sectors with intense government involvement; progressives and National Conse…

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