In this discussion with Richard Kary on Beyond The Official Narrative, I discuss the question of inflation versus deflation and how investors should think about monetary disorder, government policy, and economic uncertainty.

The issue is not merely whether prices rise or fall in the short term. Inflation and deflation both reflect deeper distortions in money, credit, production, incentives, and political decision-making. Understanding them requires looking beyond official narratives and examining the economy’s underlying structure.

Listen to the full discussion at Republic Broadcasting Archives →

Key Takeaways

• Why inflation and deflation must be understood beyond official economic statistics
• How monetary policy, debt, and credit distortions shape the economy
• Why investors must think independently rather than follow government narratives
• The danger of confusing temporary price movements with deeper structural problems
• How economic disorder reflects larger failures of incentives, institutions, and political judgment