Debunking "deflation is bad"...

This episode takes apart one of macroeconomics' most repeated claims, that deflation is dangerous and inflation is necessary, and reframes it as a property of the debt-based monetary system itself rather than a law of nature. Ricky walks the listener from the structural reason inflation must persist, through the cultural and institutional channels that normalize it, into the question of what a deflationary, technology-driven economy would actually feel like for a person living inside it.

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This episode is 1 hour and 9 minutes long.

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This episode was published on June 17, 2026.

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