Comments by "US Debt Implosion" (@timcampbell2023) on "The Coming Good Deflation" video.

  1. deflation in a debt based fraction reserve system is catastrophic - it means there is not enough money circulating to service outstanding debt; plus, the government cannot tax deflation so they insist on a policy of systemic inflation
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  2.  @EconLessons  when there is deflation in our system, yet the government is spending an unprecedented amount of money, there is a hypertransfer of wealth from the private sector to the government sector and it's beneficiaries. That is the elephant in the room. We are dealing with a massive transfer of wealth.
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