Then, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
I’ve heard this analogy a couple times and I’m not sure what mechanism could cause an ‘Inflation Tsunami’.
From my perspective the inflation ‘Credit Tsunami’ already happened and what we are perceiving as deflation is really just a reversion to mean.
From my POV, only two things could cause massive inflation. One, Helicopter Ben starts giving out economic stimulus checks right from the printing press. Two, a global run on the dollar that causes people holding our hard currency to exchange it for something else.
