off topic13 Oct 2022 00:13
Guys, Just feel that everything is very expensive right now. We’ve had very high inflation, they say 10% but i think it’s more like 25% for the last two years. Every asset class is very very expensive. So option 1. is we print more money creating more inflation. or 2. deflation, as in asset prices start to reduce. I think we have already seen the top of the price curve. I don’t know what event will kick it off but i feel people will be selling anything of value, so even though gold does well in a recession it might not do well if we have depressive deflation. So imagine a reduction in the value of assets because there is no fluid capital. No money (very little money) to buy assets. Does the BOE do more and more QE? where is the growth? Labour will win in 2024 then they will tax and spend. Until that time its either very flat or very depressed