Whats more pikely to happen in next year in major economies…
Whats more pikely to happen in next year in major economies?
1) inflation
2) deflation (imo much worse)
Canada and Japan are likely already in delation
https://sym.re/SWNvwvX
Replies
ugh. wen edit post lol
Full blown hyperinflation in USD
During the great depression there was actually massive deflation (10%/year) from 1930 to 1933
"Deflation is impossible in today's dollar terms because policy will allow the printing of cash, if necessary, to cover every last bit of debt and dumping it on your front lawn! Worthless dollars, of course, but no deflation in dollar terms!" -FOA
Yeah, we won't have that issue now since the FED can print all the money they want.
"My friend, debt is the very essence of fiat. As debt defaults, fiat is destroyed. This is where all these deflationists get their direction. Not seeing that hyperinflation is the process of saving debt at all costs, even buying it outright for cash..."