Or fewer people with/or less buying power not chasing/ buying goods.
Stag-Deflation.
Stag-Deflation.
EXACTLY.
People who don't study history are doomed to repeat it. People who DO study history are doomed to watch helplessly while everyone else repeats it.
Lived through it once and survived. I guess I can do it again. I'm better prepped this time - own my house and car free and clear, live in a very low tax area, no credit card debt, no wife, kids are on their own.....
Right now the inflation is in assets as the rich try to move out of cash into real assets.
Inflation in other areas depend on velocity of money, which partially depends on whether people feel confident enough to spend.
My father who lived through the depression said the only thing worse than inflation was deflation.
You cant sell your house because every week the price gets lower.