Relative price variation vs inflation

What I do not like about this: it does not stress that inflation is the equilibrium flex-price optimal response to the current crisis:
1. We have _a lot_ of temporary structural adjustment to do during the shutdown phase as we shift economic activity to sectors that do not 1/
mentions require social contact. With downward rigidity, that means prices in expanding sectors ought to rise—a lot—to give the market the right signals to adjust.

Price variation will be proportional to growth.  There is no trick to make it otherwise until we have a partial default.  Do I need to put up a long term chart on the implicit price deflators?

Perhaps Brad need a better definition of inflation, but the price deflator is the best I have seen, and it has been dropping almost continually since the 1980s. The more debt, the more that deflator drops.  So debt will not get inflation, it gets deflation ultimately until the defaults.  This is well known, and is exactly what Marx meant but could not say.

Interest charges are the relative cost of maintaining stable goods flow. Interest charges then set price. Supportable volatility in flow is liquidity and it is conserved, currently being taken from the consumer and given to government. Most of that transfer was well underway before covid hit us.

This is typical flat earthing, think we can uniformly scale from one condition to another. He seems to forget everything we know about sticky things.

Here is Marx on flat earthering:

Marx mentions Workers who do not sacrifice their essential humanity to a hard, dehumanizing, and low-paying job find themselves and their families at deaths door. Capitalists who do not devote every moment to raising productivity, pushing down wages, and reinvesting their larger profits to 9/
mentions increase their scale of operations faster find themselves outcompeted. They wind up going bankrupt–and then their children join the working class proletariat. Thus, according to the principle that the purpose of a system is what it does, the purpose of the capitalist system