Post
Topic
Board Economics
Re: "Prepare for deflation in 2023"
by
Fortify
on 31/10/2023, 20:48:16 UTC
That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome.

I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING.

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

Deflation would be welcomed by many people considering the huge inflation in the last year that has effected everything from food, to furniture, to clothing, to fuel. If we stepped back a couple years people were making all sorts of predictions but you can guarantee that very few people were guessing accurately. Even the best experts in the world, central bankers and organizations like the IMF, wouldn't really like to admit that they often don't have a clue what the future holds. The Ukraine war came out of nowhere and triggered a bunch of consequences that nobody could have foreseen before. Who know's if a wider war in the Middle East would cause even more economic chaos for the whole world?