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"Deflation is a leakage from this circular flow, to pay banks and the real estate, called the FIRE sector - finance, insurance and real estate. These transfer payments leave less and less of the paycheck to be spent on goods and services, so markets shrink."

— Michael Hudson
michael hudson Quotes Payment,Estates,Goods

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M
Michael Hudson
Payment
Estates
Goods
Finance
Shrinks
Transfers
Goods And Services
Paychecks
Deflation
Leakage

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See your disappointments as good fortune. One plan's deflation is another's inflation.

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I've learned about the inflation range situation. Obviously with our footballs being inflated to the 12.5-pound range, any deflation would then take us under that specification limit. Knowing that now, in the future we will certainly inflate the footballs above that low level to account for any possible change during the game.

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