No way of knowing from the TPP

You little !

And economists have actually started worrying about that.

It's an economic force it's a technical force.

And they put fuel in here.

And that's basically deflation 50 percent deflation.

And economists are also afraid of inflation if it were to ever get negative.

You add other forms of innovation and processor design, you get a doubling of price performance of computing every one year.

So you're saying look, the Japanese were trying to fight a deflationary bank crisis, they kept printing money so they kept increasing the liability side of their balance sheet, they kept printing money and they did use this money for a bunch of stuff, they did use that money to go buy a bunch of assets, but their focus of their intervention was just, how much did they print?

look, in June 2011 inflation on all items, on the entire basket of goods went down by 0.2 per cent and you might say oh wow, look, there's no inflation, in fact the prices are going down,

That leads to deflation and we'll talk in future videos why in many circles that is viewed as a scary thing.

I always want to make that people always somehow feel that gold is somehow better than paper money.

This is due to greater productivity, but the economist says, But there's no way you're going to be able to keep up with that.