Again, this a bit technical, but if you’re an econ nerd like me, you’ll find this informative.
Lays out a pretty good case to expect the price level to be negative in the US next year. For all the negative connotation with the word "deflation", a year or two of lower prices can actually be beneficial in that it increases consumers’ purchasing power, particularly for food, gas, clothing and shelter.
Doesn’t sound too bad, now does it? It should be noted that the economic elite in this country have a vested interest in promoting inflation, so the Fed and Treasury and Congress will be fighting it tooth-and-nail.