We've discussed my stance elsewhere, notably that there will be overall deflation in certain asset classes and inflation in others. I apply what is relevant based on underlying aspects, especially capital flows.

There is no one-size-fits-all definition. I agree that we may not be on the same page. Best of luck with your trading - be nimble.


All economies and societies are dynamic. Inflation and deflation can occur concurrently across disparate asset classes and at various scales. We just tend to limit our perspectives by thinking in terms of static snapshots and linear projections.