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> Given what's happening with commodity prices and the stock market (ie., inflation)... There are enormously powerful deflationary forces (debt-to-income overh
by yourapostasy 5y ago
> Given what's happening with commodity prices and the stock market (ie., inflation)...
There are enormously powerful deflationary forces (debt-to-income overhang, demographics, automation/wage stagnation, globalization, and the pandemic) operating on the global economy, and I'm finding it hard to obtain sufficiently accurate historical data to discern how it all nets out between these deflationary forces and the inflationary tsunami unleashed. Human nature practically predestines that uncontrolled inflation will break out, the question is when.