Bring on the cupcake deflation!May 16, 2013: 10:57 AM ET
Not only is the cupcake craze truly winding down, it's leading to some Twitter fun among econ nerds this Thursday morning.
When the Labor Department released its latest Consumer Price Index -- a key measure of inflation -- it contained a detailed breakdown that showed cupcake prices are falling.
With cupcake deflation, people won't trade their cupcakes, they'll just store 'em under the bed, knowing their value is increasing.—
Justin Wolfers (@justinwolfers) May 16, 2013