Sure as hell looks like DEflation to me… Let's also not fo…

Sure as hell looks like DEflation to me…

Let's also not forget that oil prices in the USA were the relative lowest price in oil barrels since the Civil War, and actually the lowest price ever (negative $40) in nominal terms if we're to believe the West Texas Intermediate price during COVID panic of 2020. That price told us where we can go, if the economy takes a digger despite the Federal Government trying to manipulate it with cash giveaways.