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#278 | John Jennings; Is inflation or deflation coming? | OCD and SRIs

The Vance Crowe Podcast

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Why You Shouldn't Buy a New Flat Screen TV

Inflation is bad, deflation's much worse. So a little bit of think about, think about what goes on with flat screen TVs. Next year you can buy the same TV for less or you can buy a better one for the same price that you would buy one now. It just ends into a deflationary spiral where there's less and less demand which causes people to make their goods cheaper. And it's what we saw in the Great Depression. To me, what you're describing sounds great. But imagine if everything was like that.

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