Can Someone Please Teach Cathie Wood the word 'Disinflation'? #shorts

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#cathiewood #ark #inflation #disinflation v #deflation
How can Cathie get away with being so completely wrong? Less inflation does not mean deflation. Disinflation is less inflation. Ever since she was born inflation has gone up. Not sure what is going on with her but she shouldn't be allowed to manage people's money.

Transcript:
Doing very well. It's been a very challenging few, while, I should say, 20 months. But is inflation going to be a problem, in your view? And so what I believe is we are setting up for a massive period of deflation. Many people were quick to tell me on Twitter that couldn't I see the dealer? Lots are empty, of course, but maybe the inventories in the consumer's driveway.

And so there could be a pause in auto buying. We've been saying for some time that the risk to the economy is more on the side of deflation than inflation. So as it took created all the destruction that it did, and when all is said and done and the dust clears from the supply chain problems and everything, we're probably in a highly deflationary world and we see three sources of deflation doing very well.

It's been a very challenging few while I should say, 20 months.

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DISINFLATION: A slowdown in the rate of inflation (but inflation still exists)
DEFLATION: Prices actually reverse, going below the present rate (inflation no longer exists)

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