3 ms·
Energy inflation has to happen, but it won't behave like the salary inflation of the 70s and 80s. Interest rates also behave differently when 99% of "money" is
by bullen 5y ago
Energy inflation has to happen, but it won't behave like the salary inflation of the 70s and 80s.
Interest rates also behave differently when 99% of "money" is debt.
Debt is GDP which is unrealized monetary inflation because velocity deflation has been equal, all these things are virtual; energy is not!