Inflationary Trends - What's Next?

A fourth observation with inflation is there are long term deflationary forces. Deflation is falling prices. And a primary driver of that deflation is these productive ity and technology improvements. We didn't buy a super more efficient car. We just drove less. There's also the deflationary trend of slower population growth. If there are less people, and businesses continue to produce more than that will lead to a drop in we don't know then exactly where inflation is going to go.

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