AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Fear of Deflation Is Greater Than the Fear of Inflation
The fed target of the two percent implation was far different from the green span era of era, which was zero inflation. The fear of deflation was out greater than the fear of inflation, because it's deflation which causes depression, not inflation. And so the fat upp antil tea pandamic was very focused on not allowing us to slip into japans where we have been deplating for more than 20 years. I do not have to pay my banks in europe to keep my money. They charge me to keep the money in the bankme. It's a different world. and is challenging for any onow average investor to be able to really, really understand e macro and