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NOTE Do you predict inflation or deflation?

1
00:00:00.000 --> 00:00:02.160
I've been a long-standing inflationist, so to speak.

2
00:00:02.160 --> 00:00:05.280
In other words, not somebody who favors inflation, but somebody who predicts it.

3
00:00:05.280 --> 00:00:07.320
And I haven't been proven wrong yet.

4
00:00:07.320 --> 00:00:13.120
I mean, it's funny because the deflationists have been predicting deflation now since 1973.

5
00:00:13.120 --> 00:00:14.080
They've been wrong every year.

6
00:00:14.080 --> 00:00:17.520
You think their self-confidence will at least slip a little bit.
