Deflation from what were clearly bubble levels in 2006. But not much deflation relative to 2000. What would be wrong with that deflation, from an insane price level? Indeed I might even ask new recruits into the job market to pass on that deflation through lower starting salaries. Only not in this crackpot isle.
And no let’s not open up the debate about the young blanchardstown teacher - we will have to agree to differ.