Folks , there is a difference in asset deflation versus spikes in cost of commodities. We are in a deflationary economy , much like Japan’s lost decade.
It sure seems like a deflationary depression to me. Faber keeps saying hyper-inflation will come at some point. And he’s a smart guy—who am I to question him—but I say they WISH they could create inflation. I’m with you. Commodities schmodities. This is a DEFLATION. Textbook case.