3min chapter

Tom Bilyeu's Impact Theory cover image

How To Prepare For The GLOBAL RECESSION & Build Wealth In The Process! | Raoul Pal

Tom Bilyeu's Impact Theory

CHAPTER

How to Stop the Price of Goods From Rising Inflation

The price of goods moves either because there's not enough supply, which is what we've had a problem with, or it's because there's too much of a problem. So if they put up your mortgage rates, you spend less in restaurants. If you find your food bills at the supermarket are 30% higher than they were, you spending less on something else. That's called ever good because it stops the price of goods rising. And eventually things will slow down, people will be put out of jobs a bit, that kind of stuff. And then the overall demand in the economy comes down and prices come down. We're all collectively taking the pain for this inflation that was created out

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