Why I’m not worried about inflation … at least for a good while yet
I frankly thought Ilargi was out of his mind when he told me that the economic crisis would reshape peak oil and climate change discourse, and ought to be our focus. I was wrong, he was right. Their analysis has been solidly spot-on, and I think it will continue to be. We are in a self-reinforcing deflationary spiral. Inflation may eventually be a response to that, but for right now and the immediate future, well, it isn’t.


