[Alberta's Child]

1. For most products, the global economy already produces far more than we can consume.

2. Stagnant population growth.

3. NEGATIVE productivity growth.

These are all warning signs for a deflationary climate.

[xzins]

Negative population growth is a solid argument.

In the short term inflation could go crazy, as in the Carter years. In the long term it will be checked by no available buyers and by bankruptcy.

So, protect money for the next 5 years.

[AAABEST]

1. So that’s why there’s shortages of everything - because too much supply?

2. Stagnant populatiin growth? The US population has nearly doubled since you’ve been born. It.increases greatly every year.

3. Negative productivity = decreased supply.

FR - where generally smart people create the dumbest posts imaginable.

[NorseViking]

Partially agree, but your take ignores growing living standards in the Third World, fueling more consumption, and a lot of free money printed in the First World.

I think inflation is more likely.