Tom Bilyeu

And if this data can be believed, that strategy is actually driving inflation down, which is incredible.

Now, some of the deflation, though, could possibly be coming from the economy

finally breaking, not in a good way, but just we've been talking about that for a long time.

So I think you're gonna hear increasingly people talking about that we're in a recession.

So of course, prices are gonna be coming down.

So you always have to be careful.

Deflation can be crisis-led deflation, or it can be increased productivity causing price to go down.

Meaning the easiest way to get housing prices to come down is to lower the cost of, sorry, to make more houses.

And you can, however, get housing prices to drop by having mass defaults like we had in the 2008 collapse.

So nobody but investors are going to say that 2008 was great for basically everybody.

It was a catastrophe that spread all around the world.

So but both of those things, increasing the housing supply will lower the price and causing a catastrophic debt default will also cause housing prices to go down.

So understanding the mechanisms that are working are very, very important.

And I don't think we have enough clarity on that yet, but certainly you can expect some victory laps from the Trump administration.

And honestly, hopefully it's true.

Love or hate Trump, we should all want this to be deflationary or a reduction in inflation because 1.55 is still theft, but it's less, thankfully.

So hopefully that is a decline based on the strategies actually performing.

So fingers crossed.

Okay.

The next beat that I want to talk about though, and this is far more interesting if we could, and let me know if you need the number or if you already know what this one is.