I loathe the word “deflation”. It makes it sound like it’s a bad thing or an unusual phenomenon when that is actually what should be happening constantly in a healthy economy that is making technological and productive progress.

Things should be getting cheaper and more affordable all the time. Prices should constantly be falling as technology advances, as automation and efficiency improve manufacturing processes, as productive capabilities expand, and as we gain the knowhow and experience to be able to do more with less.

In fact that is exactly what they always told us would and should happen under capitalism as a result of competition, that was the whole selling point! Isn’t that how they justify the fact that only the rich can afford the really new and cool shit? With the promise that eventually if we wait it will become affordable for the rest of us?

And yet somehow that has become something to be afraid of, a portent of economic malaise, according to the oh so wise high priests of capital who call themselves “economists”? That’s now something that only happens in the perpetually “collapsing” economy of China whereas in the free market West our prices somehow are always growing?

Then why the fuck are we still supposed to keep supporting this bullshit system whose only raison d’être was that it was supposed to give us more and more nice stuff?

I found a YouTube link in your post. Here are links to the same video on alternative frontends that protect your privacy:

• yewtu.be
• inv.nadeko.net
• yt.artemislena.eu
• piped.video