Say’s law, or the law of markets, is an economic proposition attributed to French businessman and economist Jean-Baptiste Say (1767–1832), which states that in a free market economy goods and services are produced for exchange with other goods and services, and in the process a precisely sufficient level of real income is created in order to purchase the economy’s entire output. That is to say, the total supply of goods and services in a purely free market economy will exactly equal the total demand during any given time period – in modern terms, “there will never be a general glut”, though there may be local imbalances, with gluts in one market balanced by shortages in others.

It seems the GOVT thinks we can have asset inflation and wage deflation. That mix will not work.