RE: The Deflationary Era Is Upon Us
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Elon likes population growth.
With such deflationary moves what will hold value.. cash?
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You are viewing a single comment's thread:
Elon likes population growth.
With such deflationary moves what will hold value.. cash?
Certainly you would think the opposite of what everyone is touting. I wrote in the past how I think real estate is in its last bull market. The reasoning was more technology and remote work allowing for migration more than monetary policy though.
I have a feeling that Cryptocurrency will do fine. After all, bitcoin did advance during a secular deflationary cycle. It also is not doing very well in this period of high inflation. So we could see crypto, especially that with development doing well.
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