ilmscore | Why Prices Go Up Forever

Why Prices Go Up Forever

Predictions from this Video

Total: 4
Correct: 2
Incorrect: 2
Pending: 0
Unrated: 0
Prediction
Topic
Status
The price of goods and services is predicted to naturally decrease over time due to technological advancements and increased efficiency in production.
"as technology gets more efficient, as we get better and better at making stuff, the price of everything would naturally go down."
Asset prices
Incorrect
A natural state of deflation where prices fall is expected when productivity increases and the money supply remains constant.
"Things would get cheaper because productivity goes up, but the money supply stays the same."
Asset prices
Incorrect
Gold, real estate, stocks, and Bitcoin are predicted to reach all-time highs due to increased money supply.
"Gold, real estate, stocks, Bitcoin, that's hit an all-time high."
Asset prices
Correct
The value of the US Dollar is expected to decline as the government prints more money.
"What's really happening is that the dollar is going down cuz we're making more of them."
US Dollar
Correct