The Great Deflation Hoax.
Description: #deflation #inflation #cpi #credit #moneysupply #centralbanks #governments #nationaldebt #greatdepression #statistics #prices #steemleo
With Central Bankers and mainstream economists around the world saying we are descending into a deflationary spiral I will try to explain to my viewers why they should not be fooled by this claim of the danger of deflation.
We will look at the basics and definitions past and present of inflation and deflation to see how the general public and investors have been fooled by the powers that be to believe that the danger we face is deflation.
My conclusion is that unless governments start paying off their debts or our current fiat currency debt-based system completely implodes the chances of seeing deflation are non-existent.
'What Worries me About "Hedonic Quality Adjustments"': https://www.youtube.com/watch?v=YHMhe...
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