Beware of Deflation!  What?!?

I thought you were warning us about inflation. 

Things are changing quickly. There is new information you need to know about the economy. If you want to stay ahead of the curve, you need to hear this episode. I do an analysis of why I think deflation is a real risk and what you need to know. Deflation or bust.

The composition of the CPI in the US:

• Housing: 42.1%
• Transportation: 17.4%
• Food and beverages: 15.1%
• Medical care: 7.3%
• Recreation: 6.1%
• Other goods and services: 4.5%
• Apparel: 3.3%
• Education and communication: 3.2%

Tesla dropping prices is deflationary... So is the drop in housing prices, drop in energy, and other areas which are bound to happen soon. We don't have stagflation yet... but it coming.

Today's Panelists:

Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners

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