My understanding is the economy has been shrinking, the Biden admin printed a shit-ton of money to prop it up, and now that it’s dried up, and DOGE is cutting the slush funds, the money supply is down, and we’re getting deflation. BUT they are letting this happen intentionally because they need to show the Fed inflation is not the risk it was and to force them to lower rates to re-finance the debt that’s coming due. Once that happens, massive print. Right now it’s the tide of the tsunami going out. It will come rushing in soon IMO.