Re: A conversation about inflation
Pay close attention to what he said in part 19. I actually suspect that deflation is the thing that is coming. People will eventually stop borrowing because they can no longer afford to. They will pay back debt and spend less. An over abundance of goods in the market will drive prices down, not up. People will be more interested in simply selling inventories and holdings to simply get capital out of them rather than selling them for profit.
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