[theBuckwheat]

Given the ocean of fiat money that has been created out of thin air, whatever we have in the monetary system, it is NOT deflation. It is the effect of vast amounts of “liquidity” (note: not even money any more) that is sloshing around looking for safety and yield.

[Dr. Sivana]

Given the ocean of fiat money that has been created out of thin air, whatever we have in the monetary system, it is NOT deflation. It is the effect of vast amounts of “liquidity” (note: not even money any more) that is sloshing around looking for safety and yield.

Yuppers. Some time ago, the Keynesians started moving from inflation being "an increase in the money supply" (VERY simplified, but you get the idea) to "too many dollars chasing too few goods" with the Keynesians deciding what "too many" and "too few" meant.