Much of the cost was driven by the need to replace sensitive signal and communications equipment that was wrecked by salt corrosion from the flood.

WSJ: Downtown, Old Stop on Subway to Reopen

The crash happened when a Thames Trains train driven by Michael Hodder, 31, went through a red signal and hit a London-bound Great Western express.

BBC: Paddington rail crash

Far from a signal of deflation, the nominally cheap iPod speaks to human productivity that has historically been driven by stable money values that enable rational investment in our advancement.

FORBES: Scott Sumner, Gold, the Dollar, and Anti-intellectualism