Deflation, the price of bananas, and Cardano

Hi everyone,

The 11th anniversary of the end of the Great Recession fast approaches. Inflation, inflation, inflation and more inflation. The pervasive thoughts of perceived monetary policies remains a consistent narrative in crypto. I’m beginning to understand the differences between markets affected by inflation vs. deflation. I argue that we are in a deflationary spiral. Stagnant wages coupled with nominal increases in staple foods/basic consumer items creates an illusion of inflation. In reality, the printer hasn’t been turned on. Money is trapped in silos, and we’re living in a world abundance with fewer and fewer USD availability. Crypto, commodities, equities are NOT safe in this paradigm shift.