what is interesting is how M2 is rising but inflation per CPI is not. what has resulted has been a debasement of the USD and asset price inflation in the US.
even with a lower USD inflation still has not gone up as classic international view points would predict.
from my perspective deflation is bad because i own commercial real estate with fixed debt and rents that will eventually reset. if deflation means that rents go down while my debt stays high, that is a bad scenario for me.
inflation when you own assets purchased with debt is a good thing and should be welcomed.
productivity lead deflation will not have the same impact on debt holders as a general decrease in prices in the economy as a whole.
even with a lower USD inflation still has not gone up as classic international view points would predict.
from my perspective deflation is bad because i own commercial real estate with fixed debt and rents that will eventually reset. if deflation means that rents go down while my debt stays high, that is a bad scenario for me.
inflation when you own assets purchased with debt is a good thing and should be welcomed.
productivity lead deflation will not have the same impact on debt holders as a general decrease in prices in the economy as a whole.