I'm posting this because it's the first major confirmation I've seen of something that u/GynaNumbaZero has been saying for months; namely that deflation was coming and that the "we're running out of shit!" inflation panic was a psyop.
It’s genius on their part.
Inflation, deflation, lockdowns in china where 99% of our shit comes from—-
Boom! There’s nothing in the stores, and no demand for actual non-essential items. And no way to replace inventory for things that do sell… like maybe game consoles… Then comes the unemployment, massive layoffs— this is a recipe for a depression, not a recession—
But we have a backup weapon for clothes AND non-essential items: thrift stores, yard sales, facebook marketplace, craigslist, etc.
I’ve been buying my clothes for pennies on the dollar by using charity owned thrift stores—most of the stuff i buy was worn once or twice— a lot of it still has the tags on it, Polo, Old Navy, and even more upscale brands over the years.
I'm posting this because it's the first major confirmation I've seen of something that u/GynaNumbaZero has been saying for months; namely that deflation was coming and that the "we're running out of shit!" inflation panic was a psyop.
It’s genius on their part. Inflation, deflation, lockdowns in china where 99% of our shit comes from—-
Boom! There’s nothing in the stores, and no demand for actual non-essential items. And no way to replace inventory for things that do sell… like maybe game consoles… Then comes the unemployment, massive layoffs— this is a recipe for a depression, not a recession—
But we have a backup weapon for clothes AND non-essential items: thrift stores, yard sales, facebook marketplace, craigslist, etc. I’ve been buying my clothes for pennies on the dollar by using charity owned thrift stores—most of the stuff i buy was worn once or twice— a lot of it still has the tags on it, Polo, Old Navy, and even more upscale brands over the years.