Monetary concept is so complex that Joseph Schumpeter says that he had great pain to understand it...
Then i dont pretend to understand myself...
but if what you just say is right, and it is right, what i spoke about above has nothing to do with it...Inflation is a "normal" process in the past monetary system or in our actual one, which is in his last years, like you rightfully remarked...
A world wide change nowadays of the money units and systems and their basis is not caused necessarily nor is not necessarily the cause of an inflation increase...
This world wide change are geopolitical in part and technological, also not only intinsically economical ...Even Nature plays a role...
The hyperinflation that comes will be caused more by stupidity and greed than by necessary change...But a new monetary world is coming...A new geopolitical map too...A new technological paradise or /and hell also....
Personally i put my trust in spirituality and in nature...
There is no doubts in my mind that for those who can afford to buy them there will be great deal with costly piece of gear soon... 😁
We are in the midst of a financial crisis visible for everyone after 2008, a technological digital revolution, a geopolitical earthquake, now a war, and after this pandemy an another one...
I cannot imagine that the globalist heaven of an economy which is very dependant on any other part of the world will not be shattered by pandemy, wars, and climate changes......
i hope i am only one of the alleged stupid Cassendra haunting the fringe and waiting for the end of the world...
But i dont think so...
Then what do we do?
I dont give a damn about audio gear bargain deal to come soon for sure...
You know you are one of my favorites guys but inflation still trails historical averages. Rates have been so low for so long..it was like a coiled spring finally free from restraint. I’m not saying it isnt painful to those who are having a tough time. Monetary policy is kindof complicated wouldnt you agree?