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Sunday, 04/08/2018 1:02:04 PM

Sunday, April 08, 2018 1:02:04 PM

Post# of 4668
A Brief (but excellent) Primer on Inflation

https://www.richardduncaneconomics.com/history-of-inflation-points-to-trade-war-calamity/

For the past 50 years and esp, the past 30 the US has imported deflation in the form of goods made by more productive foreign workers. This has also resulted in the deflation of US worker wages.

This is the positive supply shock that drives up the production of global goods but drives down the price of those goods...in other words goldilocks.

Trump is now in the processes of upending the apple cart creating a negative supply shock which could create the opposite of goldilocks...and inflationary depression (stagflation).

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