Inflation has dominated the headlines and become the focal point of concern over the past two years. What if deflation is the real the concern and a strengthening dollar the disease which could collapse the system. Today we speak with Josh Thompson, as he explains some key points regarding deflation, the creation of money, and demographics.

Congress recently passed the Inflation Reduction Act which is designed to fight climate change and make improvements in American health care. It also has provisions to raise tax revenue and expand the Internal Revenue Service. We talk about what actually is and is not in the bill. Who stands to benefit? Who was left out? Does it really have anything to do with fighting inflation?

Recently, polio has been found in an individual in New York, as well as in the wastewater of both New York and London. The spread of polio could have been prevented as health officials were warned about the possibility in 2020. Unfortunately, myopic and poor policy didn't allow for a rationale and common sense approach to be instituted.

Degree inflation has put a priority on more college degrees in the workplace while requiring college degrees for positions that never needed them. With the rising costs of student loans and the nature of work changing, will college degrees become a thing of the past?

Article Links: https://www.bbc.com/worklife/article/20210126-degree-inflation-how-the-four-year-degree-became-required https://www.roberthalf.com/blog/evaluating-job-candidates/4-year-degree-not-always-required https://www.fool.com/careers/2018/10/12/good-news-you-might-not-need-that-college-degree-a.aspx https://www.msn.com/en-us/news/us/the-inflation-problem-nobody-is-talking-about/ar-AA10khZ7

Shrinkflation is the phenomenon by which companies covertly downsize the volume of their products without changing their price. This is a permanent decrease in a person's purchasing power and is essentially inflationary magic.

Layoffs continue to find their way into the news but the labor market shows resiliency and remains historically strong, while people continue to quit their jobs. Also, the New York Fed has released their quarterly report on Household Debt and Credit showing credit card debt has increased to a 23 year high.

Ireland recently agreed to reduce agricultural emissions by 25% with a target date of 2030 and Germany restarts 21 coal plants before the coming long winter.

The citizens of the world will continue to suffer the costs of rising prices through the process of greenflation. Governments will decide who has the opportunity to prosper, live, and exist all under the guise of what's right and green.

We All Need Something To Believe In With Sage News: Speak Easy Speak Freely Ep. 2. In this episode with speak with Sage News as he shares his thoughts on supply chains, self driving trucks, inflation, the dollar, energy, gold, silver, bitcoin, and the problems with misinformation.