zlacker

>>hhs+(OP)
It's also worth noting that if our economy starts deflating (basically inevitable at this point), real incomes will rise. So $15 an hour next month is like $20 an hour last month (or some ratio like that).

>>legits+Cb
Why do you think it's inevitable that there will be a deflation? Genuine question, it seems the money supply is going to be increasing?

>>phreez+Dg
Nope. The dollar is so strong that other countries are trying really hard to get as much USD as possible. This means that liquidity is drying up and there is a shortage of dollars world-wide. This is deflationary right until we see the banking sector collapse.

>>Der_Ei+yi
That's one factor, I'd argue it is caused by the $12 trillon is usd denominated debt, and due to the economic situation, no cashflow to pay it. But the Fed has been ramping up printing presses, creating a tug of war. How long before the latter overtakes the former?

The Fed just expanded repo to $1 trillion per day: https://m.theepochtimes.com/fed-expands-repo-to-1-trillion-p...