Theme song for bubbles popping: https://www.youtube.com/watch?v=NjxNnqTcHhg
The great deflation.
The great stagflation.
The great unraveling-deleveraging.
They all will happen and will all suck.
Thank the Lord He still has it all in His hands. If He allows such that is proof I have the ability to get through it. he promised such in His Word.
The great wring out of all the middle men.
Childcare is only so high because of government regulations. Rules like “must have handwash sink X feet from changing station” and massive amounts of documentation have essentially shut down home based childcare, such as stay at home mothers watching a couple more kids to earn money.
Childcare centers pushed the rules to improve marketshare, in the guise of public safety.
End result - these rules shut down 30% of in home childcare in Texas, and costs went up.
The phenomena described in this article has been observed for a while. The best term I have seen for it is “screwflation”. Screwflation is defined by the stuff that the middle class buys and (mostly) needs, such as health insurance, road tolls, college tuition for the kiddos, etc... have all increased in price at a much greater pace then their earnings.
This is pretty good article about it from 2011: http://www.barrons.com/articles/SB50001424053111903588204576369783343545812
If a candidate starts mixing in some commentary on this trend and promises to do something about it, he or she would be unstoppable.
So....in your opinion, what would substantial deflation do to the worth of the USD over a few years?