How Our Techno-Economic Revolution Prevents Inflation
TREND #2:
Despite an accommodative Federal Reserve and historic levels of fiscal stimulus, don’t expect to see disruptive consumer price inflation reminiscent of the 1970s.
Why? Because technology is inherently deflationary. And we’re in the midst of the most aggressive surge in the deployment of technological innovation that has occurred in at least seventy years. In fact, to see a period when technolo.....