We just spent $100 for lunch at Chili's. Would Chili's ever lower the price of their hamburger to pre-inflation prices?
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Probably not all the way to pre-inflationary prices, but they will likely go down. Energy is at each and every stage of the process. Even if it is just the lighting and the freezer. That is the quickest impact. Reducing the corporate tax rate is the next quickest. That affects every stage of the process as well. As the economy grows the more competition grows. I think we will see one the safe deflation scenarios.