Coleman Church

Deflation is prices going down.

What you kind of want is a gentle inflation to help inflation.

inflate away the debt to show a gradual, the benchmark, the target Fed target for a long, long time has been 2% inflation.

They soft up that to three recently, and as you know, just cut rates this week, even with core PCE at 2.8.

So they've kind of abandoned that 2% target.

It depends on who I is, who the I asking that question is.

Right.

So if you're you and your wages are constant and you've paid off your house...

certainly deflation would be great.

Go to the store every day and things are cheaper.

I mean, there's deflation in certain sectors, right?

For years, there's been deflation in all technological goods, right?

You can get a flat screen TV for 400 bucks.

So for you, Tucker Carlson, it would be wonderful.

For the economy as a whole that's really run on hyperfinancialization and debt,

uh if you have a deflationary spiral you are going to be left with a bunch of defaulted debt so where we are right now you know to pivot i guess to where we are here with the us is

I think when this administration came in, they messaged pretty clearly that the move was going to be away from the Biden administration and more towards some austerity.

There would be some tax cuts, but it would be offset with spending cuts.

Doge, Elon, et cetera, people got very excited about potential cuts.

potential cuts.