[cloudinshape]

Not true at all.

People, and state economists, have confused inflation and deflation so much for their propaganda that right now is almost imposible to have a discussion around it primarily because different people don't mean the same things when they use those words.

Is the inflation you talk about consumer price inflation? is it assets price inflation? or is it money supply inflation? is the deflation caused by increases in productivity or is it caused by decrease in demand? Is inflation a product of regulations? of corruption? or was it caused by central banks and politicians' stupidity?

Those are all very different situations that require very different approaches, but because the "inflation-good deflation-bad" mantra has been repeated for so long (without any actual proof!) idiots now can't see past it, and think it's fine because they call themselves economists.

[tromp]

I believe we're discussing supply inflation.

[codehalo]

You made his point.