Heiner on Nostr: Prices going down due to other factors than a shrinking money supply is not ...
Prices going down due to other factors than a shrinking money supply is not "deflation".
Look, decent houses used to cost 200-500US$ in the 1790s. That the prices STILL havent come down implies a shit currency. Any real currency, prices go down unless your economy is shit AND you have no technological advancements.
Trump had like 100% inflation in a single month when he printed those stimulus checks while giving out forgivable loans.
You are now starting to see the rising prices due to that, not fully but its starting.
Look, decent houses used to cost 200-500US$ in the 1790s. That the prices STILL havent come down implies a shit currency. Any real currency, prices go down unless your economy is shit AND you have no technological advancements.
Trump had like 100% inflation in a single month when he printed those stimulus checks while giving out forgivable loans.
You are now starting to see the rising prices due to that, not fully but its starting.