I realize what stagflation is mm. We will get the unemployment, definitely a low GDP. However the chance of an inflation increase much over the present small rate is zero. These are not normal times and conventional methods used over the last 100 years are not working because they are 100 year old boom bust cyclical theory.
Menta thinks he has the end worked out, the result of the end of the cycle. He thinks rampant deflation will bring us to our knees but then what?
Rinse and repeat using a 100 year old theory that has proven to be a fallacy?
