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The RandomPoster33 Press Page

From @RandomPoster33, an independent and censored contributor to WSWS.ORG comments section and advocating for a Fourth International Government

Hyper-deflation Arrives

https://www.cnbc.com/2019/12/04/harsh-housing-forecast-for-2020-especially-in-these-big-cities.html Similar to negative interest rates and low-unemployment with stagnant wages, we have low-supply low-price combinations. As destabilization continues, these will become the most common conditions rather than isolated phenomena. The capitalist class will propose a return to slavery or forced “sales” or transfers to overcome the difficulty of selling…

https://www.cnbc.com/2019/12/04/harsh-housing-forecast-for-2020-especially-in-these-big-cities.html

Similar to negative interest rates and low-unemployment with stagnant wages, we have low-supply low-price combinations. As destabilization continues, these will become the most common conditions rather than isolated phenomena. The capitalist class will propose a return to slavery or forced “sales” or transfers to overcome the difficulty of selling at low prices.

Only a workers’ state could take control of the economy and restore balance without implementing a return to slavery. This would involve, however, a forced transfer of wealth from the private to the common property form, under the democratic control of the workers and their state.

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