Loading ...Very strange things going on, all at the same time. Maybe my old prediction of a meltdown II is finally going to happen. Dines thinks a global deflation started in 2011 at the 2011 highs in commodities. TPTB keep trying to bring back inflation, but WHERE?? In commodities? Houses? Stocks?
High commodity prices only brings on more supply and less use. Same with houses. Stocks too. Too high brings on fear and selling. TPTB like to fool themselves. They should have KNOWN better back in 1980 than to suppress wages of their employees and tax paying consumers.
Before 1980, all the “poor” people had plenty of money to spend for needs and wants. These days they’re on food stamps. We used to be able to use classified adds and sell all kinds of things. Used cars, boats, tools etc. Not anymore. Remember the Buy Lines Press?