As you read this, you will no doubt inhale and exhale a few times. Go ahead, you can’t help yourself. In fact, unless you’re very good at holding your breath, you have no choice in the matter. But try this experiment: Exhale as completely as possible. Now slowly… slowly inhale… as slowly as possible, and don’t stop until you have to.
I tried it and I got to 60 seconds before I just couldn’t inhale anymore air. I had to let it out.
Ironically, the US economy started “inhaling” about 60 years ago and pretty much continued expanding its lungs as much as it could—ok, with a few slight exhales—but for the most part, not. And so now we are at a point where not only we exhale, but the world is exhaling greatly as well.
Any thing that holds air can only be inflated so much before something has to give. 
Even the mighty RCA Dome that gave the Indianapolis skyline its distinction for so long had to be deflated. And so the economies of the world deflate… and at this we are surprised?
How high can prices for consumer goods go? How small can that food item get and stay the same price? How many more months are consumers willing to finance a car? And who can afford a house at a decent price?
It’s a simple principle we all learn as a child: What goes up, MUST come down.
We should be grateful for slow deflation rather than an absolute crash.
