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Weekly Market Recap: Tech Rally Topping Out? Valuations Are Pretty Stupidly Rich Now | Lance Roberts & Adam Taggart

Wealthion - Be Financially Resilient

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The Mechanism for Killing Demand in the Economy

Inflation is simply prices, supply and demand. That's the basic economic 101 graph. And so in order to bring the prices down, I've got to either reduce demand or reduce supply - one of the two. So we have to kill demand and that's its mechanism for killing demand, right? Yeah. But let's step back and explain that real quick. Our economy is 70% based on consumption, right? So we're consumer based economy. The problem is, is you cannot consume unless you produce first.

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