Here’s a beautiful example of a bubble… We Will enter into a period of deflation or alternatively $1 million will have the purchasing power of 10,000 dollars at some point in the future.
There’s been massive inflation in recent years in asset prices not due to fundamentals ( organic )but due to credit expansion of historic proportions ,this always ends badly… The federal reserve tells us there’s hardly any inflation. This is ridiculous for the past 25 years they’ve engineered the reports not to report inflation what do they expect?
The video is entertaining but it makes a very serious point. It is my believe that we’re headed for a period of deflation in due course….
