Thanks for your reply. We’ve got to read outside of our comfort zone / echo chamber to keep validating our own views or changing them if the evidence / reasoning is strong enough. 

halalmoney

I enjoyed that. I'm not sure I agree with all of it but it was a good read. 

I suspect we'll see layoffs in non-tech sectors of the economy by the end of the year or the beginning of next year, especially if this it true:
>  it’s where we get the money to create the demand and how we make the goods to supply it

We can only deflate the inflation we have by decreasing spending which only really occurs when unemployment increases.

k00b

bitcoin

“In actual business, a 100% disparity between metric targets would be cause for concern, but in economics it’s cause for tenure.”

“The largest market is the market for time. The labor market is the market that underpins everything else; it’s where we get the money to create the demand and how we make the goods to supply it.”

https://www.profgalloway.com/disinflation/