ilmscore | Prediction Details
"so look deflation so look around you just had five six% 10% you had a whole entire bull rally in Japan taken out in three days you are almost about to go negative on the NASDAQ year to date after melting up 27% crypto is up 30% in the year drop 177% in one day so literally this move and when assets drop like this this is bringing prices down interest rates are coming down the price of assets are coming down everything is starting to just deflate right now so yeah it'd be bad if inflation came back up right now that'd be awful but the harder we drop you're already getting a stimulus in a weird effect if you think about it you are literally getting a a beaten getting a beaten down in asset price it's not good it it hurts people but it does slow down inflation this is what you have been waiting for this is one of those Boom Financial conditions really tighten and instantly you go from wealth effect feeling good to wealth effect feeling bad and now you know if you if at the very least this could calm down inflation resurging because you just got a a heavy dose or a light dose of deflation"
By Stock Market Live | August 5, 2024 | Pending
From video
GLOBAL MARKET SELL OFF - NASDAQ DOWN OVER 5% 01:28:41 - 01:30:05
Interpreted Prediction
The current market downturn (dropping asset prices across global markets, NASDAQ, crypto) is creating deflationary pressure, which could help calm resurging inflation.

Prediction Details

Topic
Inflation/Deflation

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