Yes, I am saying deflationary period. Likely in a big way. This flies in the face of all other economists who claim deflation is purely a numerical monetary phenomenon. I wish it was. That would simplify matters for everyone. Thinking, just a little, portrays a different picture.
Yes, there is massive money in the economy. How much is in the hands of ordinary people who are expected to drive up the cost of living? Ordinary people are losing buying power. They have less to spend each and every day. How are vendors going to get rid of their inventory when those who would spend have no money?
The answer is “in the back of the book” mentality says prices are going up. Also, buyers are now manipulated to the point where they cannot be manipulated any longer. Tastes and preferences are changing. There is too much on the market people don’t want.
Prices are coming down.
Note: Fantasy Free Economics is banned in the United States. I am now hosting with Smartway, which is offshore. From the positive results I have gotten, I would host with them regardless. I encourage all to ask themselves. Have you ever read anything here on Fantasy Free Economics that could be deemed unfit for the common person to read? Is their any content that is a threat to national security?
The only way, to rebuild the readership to Fantasy Free Economics is for those who read it to share the link to the blog and certain articles. Email is best. It cannot be censored. There are still sites which accept the link. Try it and see.
James Quillian is not Tucker Carlson, I wish him well as I hope all do.When a famous person get censored, he has the resources to make hay over the situation. I have no such resources. I must be frugal, just to meet my expenses. If you like thes ideas, I hope you will participate by at least sharing the link.
The Fantasy Free Advantage is PDF book explains the reasoning behind the fantasy free approach.