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# Inflation - 2020-2030


## big contributors

Covid in 2020
Ukraine war in 2022

- deflation - the lesson of 2010-2020

population becoming older (average age)
technology

## thoughts

- april 2022 [70's show... only harder](https://drive.google.com/file/d/1lhj3tuTnfU1648f2JKh9HlegQmKEWJiZ/view)

6perc inflation NOW. house prices are up 32perc from 2019, family income is only 10perc up
housing affordability as if mortgage rates are 8perc!
financial sector/banks are stable
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main diff from 1970s is high government debt. In 2050 USA debt will be 202perc with rates 1.75perc
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Bitcoin - should work for rapid USD devaluation, not the case now
Bitcoin - a generational divide⏎
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# Parents

* Timescales in the Markets