Loading ...I tend to think ultimately this will be deflationary as well. OTOH, the USD should be deflationary, but it’s not because all fiat currencies are falling against real goods.
I’m not sure this can be solved without some world or country coming out with a currency that has backing. Such uncertain times, all created by the Globalist elites and their central banks. This did not need to happen and now the Powell says there’s going to be some pain for people and businesses. No shit, and they are doing it intentionally. I don’t know how Europe is surviving the massive inflation, along with all the other countries that need dollars for transactions. If the dollar has lost 11.5% in purchasing power since 2020, what has happened to the Cando, AUS, etc.? They must have lost more?