John wrote: ↑Sat Oct 09, 2021 12:25 pm** 09-Oct-2021 World View: Deflationary era and Deflationary crash
You prattle on and on, saying the same thing over and over. Not onlyCool Breeze wrote: ↑Sat Oct 09, 2021 10:25 am> I have posted each decades USD purchasing power for 70 years. You
> talk about 4th grade math, but then use the word deflation,
> something we actually have never seen. For the twentieth time, do
> you know what the difference is between disinflation and
> deflation? If so, why do you keep using the term incorrectly?
> The inflation from the massive monetary base increase has gone to
> the stock market and also, the real estate markets.
> Why is it that I can actually explain this, in fact quite easily
> (just did), yet you and some others refuse to agree? When you
> don't answer that, please tell me how there ever has been
> deflation, when purchasing power (and yours) has eroded throughout
> (both of) our ENTIRE lives.
can you not do fourth grade math, you can't even do fourth grade reading.
I did not use the word "deflation." I don't know why this is so hard
to understand. I guess it's pretty subtle. Apparently you're
hallucinating it, since you keep referring to it even though it
doesn't exist. I've used the words "deflationary era" and
"deflationary crash," but not the word deflation.
I have defined a "deflationary era" as an era for you several times
(starting in 2003). It's characterized by high public debt, which
means that (unlike the 1970s) few people are willling to go further
into debt. I did not say that deflation occurs during the
deflationary era until the end of the era. (However, I note that we
did have deflation briefly in 2009.)
During the "deflationary era," inflation will remain low (I didn't say
deflation) and, furthermore, the high public debt leads to the second
outcome of a deflationary era, namely that it ends with a sharp
deflationary crash. Actual deflation (I'm using that word only now)
occurs at the end of the era.
Try reading that a few times before you post the same nonsense that
you've already posted dozens of times, and stop hallucinating stuff
that I haven't written.
I'll repeat some information that I've posted before that you may find
helpful, provided that you actually read it:
We're still roughly on the same path as 2008, and not even as high as
2008:
2008:
4.30, 4.03, 3.94, 3.92, 4.18, 4.99,
5.60, 5.38, 4.93, 3.67, 1.06, 0.11
2021:
1.40, 1.68, 2.62, 4.16, 4.99, 5.39,
5.37, 5.25
http://www.generationaldynamics.com/pg/ww2010.i.cpi.htm
Late in 2008, the cpi began falling, and actually turned negative in
2009.
2009:
0.02, 0.23, -0.37, -0.73, -1.27, -1.42,
-2.10, -1.48, -1.29, -0.18, 1.84, 2.72
So here's the irony. You claim that "deflation [is] something we
actually have never seen." Apparently you're hallucinating that claim
as well. As you can see from the above figures, we have "seen"
deflation in 2009. And if you visit the page linked above, you'll see
that we have also "seen" deflation briefly in 2018.
But that's not the point. The point is that inflation is low during
the "deflationary era," although there may be some deflation, but the
real deflation will occur with the deflationary crash at the end.
I know that it's complicated and subtle, as are all the concepts in
Generational Dynamics, but if you read what I've written over and over
about ten times, you should be able to understand it.
I have read that post, and contradictories withstanding, you actually are stating what my thesis is, but are apparently too proud to admit that I am accurately describing it. The cost of living throughout your lifetime has GONE UP BIG. This is in spite of all major technological advances. That is NOT DEFLATIONARY.
If you are saying it is a debt era, fine. I agree.
Think harder, and counter my actual points. If you agree with me, say you agree. At least your last post was a better response, since it actually tries to be in line with my position, which is correct. But your ego still won't allow you to agree with me, and why, I do not know.
