Agreed.
I think we will see another "adjustment" on property valuation and low interest rates won't be able to fully offset the market slowdown.
But when an incompetent POTUS adds $12 trillion in debt in 7 years - inflation is here. It's partially hidden by wage stagnation.
Agree....but the losses in equity and property (real, equipment, transport) are north of the 12T and so IMO the growth after deflation will bring high inflation, IMO higher than the 80's....
possible hyperinflation if Eurozone recovers, doubtful though