The problem with inflation is that it creates more of the medium of exchange without creating anything of value to go along with it. So now those 25 apples are purchased with a hundred agreements for a quarter of an apple,but each of those quarter apple agreement tokens took as much work to earn as the previous whole apple agreement. THAT is the harm done by inflation.

So it is the lack of creating value to match the creation of the money that is the flaw.And THAT is what gives inflation such a bad name. But it seems that very few folks will even admit that bit of reality.

Of course! Boosting one's profits is the main reason for dealing with stocks, why else?? Was it a Pump and Dump ploy? It sort of looks like it may have been. But isn't that what market bulls do?

Why is crypto-currency surging? It is "something new" and so it attracts attention, plus it is not that well understood, and so the mystery attracts some folks. The market is certainly not all cold science, and thus arriving at a totally logical analysis will be challenged a bit. And so certainly there is "Something for Everyone."

It is important to know that not all EVs also are computer driven! My assertion is that the cost of proven software is high, just ask NASA about that. Those Non computer-driven cars will not be part of that bursting bubble disaster. Think about what it will take to verify a hundred million lines of computer code! And who would want a car that needs a major software recall every week, like the most common OS's on many computers?

Too bad about having to delay the UK visit, my travels, more local, have also been cancelled, certainly a bother, no doubt. My sympathy offered.

Quite a few interesting insights. Thanks for the article.

Really quite interesting. But how can something with no mass have inertia? Or is inertia being used to describe a slow response time? And the quick trading, buying at that "c" point on the curve and hoping to sell at that unmarked peak that follows is trusting that there will be a buyer at that price. And I have not found a way to magicly produce buyers always wanting to pay what I ask.

Always interesting, even for issues that I am not involved in.

Unfortunately the poor do suffer the mot a the world banks all bush for inflation to help the stock markets. And the poor and the "not rich" are the ones that get hurt, for they are unable to increase their income to deal with it. The whole argument for inflation is a big lie, based on wrong thinking and fake data.

And now with the climate change, the cycle is much faster than any have thought. And none will admit to the increase of solar heat being involved at all.

This is a particularly insightful article, stating what it seems that many have forgotten, or are jut choosing to ignore. Bitcoin is at best a consensus-based medium of exchange, having NO ACTUAL VALUE! Consider that bitcoin miners are still creating it by means of computer programs.

And certainly the advice to buy real property that is able to produce wealth is still valid. Consider that only farming, mining, fishing, and forest harvesting actually PRODUCE wealth, everything else is just a value-added operation. ( This is an ancient insight, not original with me). But growing olives is a rather slow-starting venture, while fishing can start producing wealth quite quickly.

Very interesting. EVs in China and their business plans with battery exchanges. I am not sure how or even if that would work in the USA, but in China it evidently will work well.

So thanks for the useful insights.