Aure's Notes
Jan 28, 2021

--

When GDP and economic activity plunge, consumers don't increase spending, but decrease it. That, added to a more-than-certain shift in spending behaviors, you're demonstrating the exact opposite of what is about to happen: LESS money in the economy (did you notice BTC and the overvalued stock market?) with an EQUAL amount of production volume. Sounds like deflation to me....

--

--

Aure's Notes
Aure's Notes

Written by Aure's Notes

2X Msc in pol. science and business econ. Summarized +100 books. 25k people read auresnotes.com. From Belgium. No niche.

Responses (1)