They have to be printing money to float the stock market at this point, and will probably do so until after the election. Plus they’re buying up property and precious metals knowing what’s coming.
The one thing they’re not doing with it is supporting middle class Americans who buy these products that are about to deflate.
deflation is coming because the debt market is collapsing in on itself. If people cannot afford new higher interest rate debt demand will drop along with prices. Prices are sky high because of cheap credit.
Yes, I agree that far worse things are coming. My point was that deflation on it's own is not a bad thing. Before the Federal Reserve was established the U.S. dollar was worth more than when it was created. Deflationary pressure during the great depression allowed the meager savings of families to go farther. But we won't see that this time around.
Inflation primarily benefits debtors, financiers, and governments. Deflation benefits wage earners and savers.
It's coming right on time for the Global Currency Revaluation! Imagine 1950 prices for everything? Gas at $0.25 per gallon? That is what happens when your money is backed by gold!
I assume he is talking about the stock market. Hyperinflation for everything else.
Zelenskyy enters the chat.
They have to be printing money to float the stock market at this point, and will probably do so until after the election. Plus they’re buying up property and precious metals knowing what’s coming.
The one thing they’re not doing with it is supporting middle class Americans who buy these products that are about to deflate.
deflation is coming because the debt market is collapsing in on itself. If people cannot afford new higher interest rate debt demand will drop along with prices. Prices are sky high because of cheap credit.
it is no longer in our hands but GOD
Elon also said the global population is crashing. And btw Trump said it's going to get colder. Wait and see.
Hyperinflation is coming to the dollar when the BRICS nations stop selling oil in petrodollars.
deflation is where prices start dropping as companies try to get a bigger market share of a shrinking pie. It is a bad bad thing overall.
Oh no, the bankers aren't debasing my currency fast enough!
actually it is really a bad sign. its a sign that the economy is about to implode and will be followed by high unemployment and hyper inflation.
Yes, I agree that far worse things are coming. My point was that deflation on it's own is not a bad thing. Before the Federal Reserve was established the U.S. dollar was worth more than when it was created. Deflationary pressure during the great depression allowed the meager savings of families to go farther. But we won't see that this time around.
Inflation primarily benefits debtors, financiers, and governments. Deflation benefits wage earners and savers.
yup but it can be a sign of a major crash incoming.
So gas will come down in price. Thanks Uncle Joe!
Negative growth rate of the National GDP is "deflation". There will not be any gas price drop.
It's coming right on time for the Global Currency Revaluation! Imagine 1950 prices for everything? Gas at $0.25 per gallon? That is what happens when your money is backed by gold!
So, with record government deficits and backdoor bank bailouts (buying out 30 yr treasury at face) you mean to tell me that deflation is a worry?
I'm disappointed to hear so many of you still listen to MSM.