3 ms·
Important to differentiate a) prices stay steady after costs go down - inflation goes down close to 0% b) prices go back down to pre-covid - deflation I don'
by shmatt 5y ago
Important to differentiate
a) prices stay steady after costs go down - inflation goes down close to 0%
b) prices go back down to pre-covid - deflation
I don't think anyone is expecting deflation. The outcome of scenario a is low inflation and skyrocketing profits which then causes the stock market to break new records daily. More of the same of what we saw 2009-2019