I’ve spoken a lot about the CPI data on Nov 10 and 60.7k level
To continue on that. If savings are at all time lows. And everyone is over-leveraged on debt at ath. While tapering begins with rate hikes. The result is panic. That panic creates a deflationary spiral
To continue on that. If savings are at all time lows. And everyone is over-leveraged on debt at ath. While tapering begins with rate hikes. The result is panic. That panic creates a deflationary spiral
https://twitter.com/Pentosh1/status/1460648131167719428
Which is needed
Few consider this a possibility yet it’s one of the highest possibility outcomes there is. What if deflation is part of a cycle like all cycles in the universe? I’m still of the belief 2022 will have many months of pain.
Few consider this a possibility yet it’s one of the highest possibility outcomes there is. What if deflation is part of a cycle like all cycles in the universe? I’m still of the belief 2022 will have many months of pain.
Even if you believe that fiat is worthless. You could be wrong. It’s worth having on hand at times like this because it can unfold and has in the past. The roaring 20’s? After deflation. 2007? After deflation when inflation was a hot topic. Short memories
I’ve rambled on about this the last 3 weeks. But If the printer goes brrrr. Next year will be world wide revolutions when people struggle to buy milk and bread. The 1% have to keep the 99% working after all.
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