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MacroVoices #305 Grant Williams: Inflation, Putin, Tesla & More

Macro Voices

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Is It Inflation or Deflation?

It's never one or the other. Its periods of one and periods of the otherad we are going to get deflation and inflation. The question is trying to get the sequencing right. We've had this, let's call it disinflationary period for a while. But now that's starting to show up in headline numbers. And if people expect prices to continue to rise at six %, well, you know what, they are going to bring purchases fort and thy're gong to add fuel to that fire. You throw in supply chain issues and shortages everywhere, and it just incentivises people all over again to spend money now. Not just spend money in the now rather than the

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