Yes. Inflation does not jump from nation to nation. Deflation does.
Monetary policy can affect inflation (but not hyperinflation), but no monetary policy can affect deflation.
Inflation does not necessarily feed on itself and snowball. Deflation does.
Inflation hurts only the small and average guy. Deflation hurts everyone.
Deflation is virtually impossible to stop.
This is why money people and central bankers fear deflation so much.
And why there’s a good chance we are headed that way.
A must read: “How to Protect Your Life Savings from HYPERINFLATION & DEPRESSION” by John T. Reed - only at his website......
Thanks.
Unfortunately there are way too many people both here and the media tools that don’t understand what is at stake.
Personally, I’m hoarding as much cash as I can.