Zoltan's Dispatch is Nonsense, Here's Why - Daily Live 12.29.22 | E291
Bitcoin & Markets
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Is the US in a Period of Deflation Right Now?
Is the US in a period of deflation right now? The answer depends on what one means by inflation, deflation, and money. We had an unprecedented four consecutive quarters of declining credit year over year with an enormous asset bubble bust. Total credit market debt owed, that's some data collected by the Fed, is 92 trillion. How the heck is that supposed to be paid back? Will it happen again? I say yes, but when is the key?
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