Deflation VS. Inflation | Settling the Debate
If you listen to the Fed and the mainstream financial media, deflation is the scariest thing that can happen to a society. After all, that is what made the Great Depression so bad, right? In this episode, I'll clear up the confusion between MONETARY Deflation/Inflation and PRICE Deflation/Inflation. I explain the relationship between the two, and show why we are seeing some deflation right now, but will experience uncontrollable inflation in the near future.
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