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Curious Crow
Eurodollar University
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Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Target Just Confirmed EVERYTHING" video.
Just looking at the comments, the difference between between disinflation and deflation is not well understood by the commenters. The price levels as they are are likely to stay. It's the rate of increase in prices that slowing. The speed that prices are going up is slowing, but they are still increasing in the aggregate. And it's not oil prices driving it either. Wholesale crude prices are going down, because demand is slowing everywhere. Crown Prince MBS is not a happy bunny. And neither will other oil producers stop reducing production. Other commodities are creeping up because production capacity has been reduced. But demand isnt going up; it's lack of supply for the little demand there is that's pushing up industrial commodity prices up. If the US economy catches a cold the rest of the world has pneumonia, because the global financial system is reliant on the flow of USD. And that's slowing too. The current economic model isn't working. Time for a rethink.
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