The signs of deflation are clear as the price of oil and other key commodities are heading lower and lower. Add to this acute shortages in consumer staples and labour and the message is that inflation is heading down in the short to medium term.
All this means that your new economy is not what you might think it is. It is not about money [consumer inflation]. It is not about labour [many of you are quitting your past employment positions]. It is not about the threat of Climate Change [this threat has been over-hyped by governments, corporations, and activist groups and this mania will soon ease].
You new economy is all about how much or how little you use ENERGY. If you take a minimalist approach to your life [that means you will focus on your needs not on the collective wants of others]. ENERGY unlike consumer staples is not substitutable if and only if you intend to live at the standards required to satiate all the collective wants of your cohorts. BUT is you shift your ENERGY requirements from satiating your wants to supporting your needs then your bills will be much lower than those of your neighbours.
Become a minimalist [minimal-you.com] and you will be able to survive and thrive in these times defined by deflation, shortage, and Climate Change driven totalitarian regimes....
Richard.
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