Markets reflect variation in demand based upon situational variations. A bottle of water at a rock concert in July is $5, and you grudgingly pay for it. A bottle of water while you sit by Lake Michigan in January is next to worthless.
More than it was last year, but less than next year. And it depends on if you're making it yourself or get one at a deli. I also notice that there are peanut butter shortages at my local Walmart. All they have is that "natural" stuff you have to stir, which is fine, because I like that better than other types anyway.
So, I'll trade you this house for a peanut butter sandwich.
Am I starving to death? I'd take it.
Markets reflect variation in demand based upon situational variations. A bottle of water at a rock concert in July is $5, and you grudgingly pay for it. A bottle of water while you sit by Lake Michigan in January is next to worthless.
How much is the cost of a peanut butter sandwich now?
More than it was last year, but less than next year. And it depends on if you're making it yourself or get one at a deli. I also notice that there are peanut butter shortages at my local Walmart. All they have is that "natural" stuff you have to stir, which is fine, because I like that better than other types anyway.
Why do you ask?
In the depopulated apocalypse people are trading houses for a sandwich.
OP said that depopulation is deflationary.
I argue that it is inflationary.
If you have to trade a house for a sandwich --- how much fiat money would that be?