Post #1795 by OrmontUS on the Macroeconomic Trends and Risks board

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You're confusing the COVID years as the new benchmark. Erase thosew years and compare things to the rest of the last decade and you'll see the trend is upwards, rather than downward. Also, when continuing to preach that we are headed towards deflation, rather than inflation, consider that the only major deflation came durintg the 2009 financiazl crisis when there was a liquidity crisis.

Be carefull what you wish for.

Jeff

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