Inflation is inevitable and it’s here to stay for a long time. Unrealistic pipe dreams from the past that were only temporarily there because of tricks is a game that can no longer be played – well it can but it’ll be temporary when it does.
I don’t delve much into this stuff lately but this guy is a pro. Give him a look. I don’t agree with everything he’s said but he’s been right for decades about a lot of things. I remember him predicting austerity after some last-gasp false “everything is getting better folks!” WAY BACK in the early 00s and predicted it would happen around 2018-2025 at which point we’d no longer be able to pretend that things weren’t going flat.
It’s not that things won’t get better or will get worse but rather than we’d hit a point of ‘sustaining’ and the people chasing the big money-to-be-made would have to face the fact of “no, not for some time”