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Comments by "DrScopeify" (@drscopeify) on "Irrespective of what the Fed does inflation will plummet: Rosenberg Research's David Rosenberg" video.
it's not deflation it's reduction of the rate of inflation, the FED calls it disinflation. Deflation in the US is not rally possible since we don't produce enough goods to suffer from over supply and if it did happen it would be short term for a few months, we did get that for a few months during early COVID when you saw farmers dumping potatoes in to pits in the ground or giving away for free and that was due to restaurants shutting down and farmers that had contracts with restaurant supply chains had food grown with no buyers same for oil as people stayed home there was over-supply of oil and wholesale prices went negative but that was a short period of time and only impact a small part of the economy, now if trade between the west and China were to come to a stop in the event China invades Taiwan, then you will see what deflation really means as China suffer catastrophic over supply as goods flood the markets in China with no foreign exports, oh boy.
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