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I think we are getting closer to a "tipping point" at which the fact that people simply can't afford their lives will cause consumption (of pretty much all consumer goods) to stagnate, and then either production will stagnate, OR the corporate gooks will have to resort to lowering prices... leading to that "dreaded" D-word: Deflation.
Much of it goes unreported because the cost rises are "invisible." Our homeowners' insurance is relatively unchanged, in terms of the premium per $1000," but since the property value is up by some ridiculous amount, so are our premiums...
RE: Reflection: On Making Difficult Decisions