General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
J Arcadipane
Econ Lessons
comments
Comments by "J Arcadipane" (@jarcadipane2849) on "The Coming Good Deflation" video.
We are constantly innovating in our Country. When is the last time you saw goods/ services come down? GFC ( credit crisis ) when demand plummeted ? As layoffs continue, and jobs become scarce, and more and more people are underemployed and/or let go because we keep raising minimum wages and lower socio-economic classes cannot keep up with rising prices, demand plummets, then you can get deflation and then you can get the closing of businesses. You can have all the assets in you home or safety deposit box, but if there's nothing to buy or food is scarce, how rich do you really feel. That's why gov shouldn't get involved with the market place.
1
You could assert that corrosive wealth inequalities are due to educational inequalities.
1
@plumbthumbs9584 It's important for markets to govern prices. If prices are market driven, that's what drives competition. . But if prices drop you'll only get big strong companies with flush balance sheets to weather the storm. The Congress holds no liability for overspending and spending on pork. The Treasury and the Fed bare no liability for calling inflation transitory for as long as they did, not did they bare the responsibility for keeping interest rates so low, too low , for so long...
1
@elementsofway Ford's current position with EV's is as a result of Gov intervention. This always causes problems for the market...
1
As of recent, they have not increased the money supply and the Fed Res has been selling off the assets on their balance sheet, which is precisely why interest rates rise ever so little continuously. ( lets not forget that our yield curve continues to be inverted ) ... be prepared to pay the piper when it un-inverts. Anywhere between 6 and 18 months later, is when the wealthy and the savers take their savings, assets and buy what's left on the cheap..
1