There is no inflation. There is also no deflation. There is just economic growth.

What is happening right now is economic growth. I don’t think anyone is stupid enough to believe there’s hyperinflation. That is just ridiculous. <br><br>However, I see the deflation apologetics for what it is. They’re just projecting the last 2 years on the current economic environment. They’re also hoping their assets keep going up in value. <br><br>If you have 1,000,000 dollars in the bank, it’s costing you money to keep that money in the bank. Inflation is the normal state of affairs, it’s the engine of the economy, it’s the nature of money. You should always be looking to put your money into something that generates a return, at least greater than the rate of inflation, if not greater than the interest rate you get from the bank.