Deflation is rare, because monetary policy is to increase the money supply. Deflation, when it does occur, is after unique circumstances, and is usually confined to one field. Farm prices in America after WWI deflated prior to the Depression, because once Europe started planting crops again, there was a glut of product. But despite the Depression, deflation didn't occur across the entire economy. Demand dropped, and so suppliers responded by producing less.
The fed exists to protect organized rich interest groups, which, coincidentally, believe in "modern monetary theory" and which want inflation to continue because of the enormous debt.
If I knew you in person, I'd bet you a steak dinner that inflation continues above 5% for another 4 years.
Inflation is always caused by an expansion of the money supply. So if by "fake and gay" you mean a result of shitty government policy, then yes, it is artificially created and not a product of the invisible hand of supply/demand.
It is still real when people's wages take time to catch up, and it causes their standards of living to decline.
School enrollments are down for a separate issue, people are pulling their kids from CRT public schools that were exposed during the scandemic. This is best explored fully as a separate topic.
Point is, while declining populations can create deflation, which is what you're getting at, the US population is NOT declining due to immigration, legal and illegal.
Deflation is rare, because monetary policy is to increase the money supply. Deflation, when it does occur, is after unique circumstances, and is usually confined to one field. Farm prices in America after WWI deflated prior to the Depression, because once Europe started planting crops again, there was a glut of product. But despite the Depression, deflation didn't occur across the entire economy. Demand dropped, and so suppliers responded by producing less.
The fed exists to protect organized rich interest groups, which, coincidentally, believe in "modern monetary theory" and which want inflation to continue because of the enormous debt.
If I knew you in person, I'd bet you a steak dinner that inflation continues above 5% for another 4 years.
Inflation is always caused by an expansion of the money supply. So if by "fake and gay" you mean a result of shitty government policy, then yes, it is artificially created and not a product of the invisible hand of supply/demand.
It is still real when people's wages take time to catch up, and it causes their standards of living to decline.
School enrollments are down for a separate issue, people are pulling their kids from CRT public schools that were exposed during the scandemic. This is best explored fully as a separate topic.
Point is, while declining populations can create deflation, which is what you're getting at, the US population is NOT declining due to immigration, legal and illegal.
Very well, God bless.