The Fall of the CPI

The global population is not going in the right direction to justify any kind of a thesis unless you're like, it's all about supply. And yet non-core inflation is the only thing at food energy. Gasoline prices are really the only thing that's really caused the CPI to roll over. This ain't about that. Go back to your shadow banking and go back to a leveraged model. That's what he cares about. The credit cycle is very much underway. You've had continuing jobless claims for 90% of the population in the United States rising for three months in a row. We're going to see magnificent sources of disinflationary pressures, if not deflation outright