ilmscore | Deflation Predictions

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Accuracy

Recent Predictions

Total: 3

Correct: 0

Incorrect: 0

Pending: 3

Unrated: 0

Prediction

Author

Predicted at

Status

Video

Debt repayment destroys money, reducing supply and increasing the purchasing power of remaining currency, leading to lower prices.

"when debt is paid down money is destroyed and when the supply of money decreases then the purchasing..."

Sep 1, 2024

Pending

Deflation would increase the real cost of debt, potentially causing widespread defaults among those with significant liabilities.

"this deflation would make debts more expensive in turn this would cause all the powerful individuals..."

Sep 1, 2024

Pending

Deflation, where prices fall, is considered detrimental to central banks and governments, although it may benefit individuals.

"that's called deflation and it is a nightmare for central banks and the government and you might say..."

Aug 5, 2024

Pending