Another word for anticipation is .... . speculation?

Why are prices going down in the future? What causes this. Idk who this guy is but there's gaps in his um and ah's and it's not making any rational sense.

Just to understand how outdated this theory is, As a factor of production, labour, this clown says it'll remain deflationary as if robots aren't operating 24/7 in the dark factories? Or that labour pools of cheap, usually unskilled workers costs lest than skilled work, plus demand and supply of these two. It's so bizzare to hear this in 2026

Hülsmann is a protégé of Hoppe. Prices going down indicates that the purchasing power of money has grown, meaning prices can decrease while still keeping value, unlike under inflation, where decreasing shrinks purchasing power.

Government intervention is why the problems you're bringing up occur, not due to deflation itself. Think minimum wage laws as the best examples. The minimum wage is already set by how much employers can bid prices to gain employees and the maximum is set by the most that employers can pay before experiencing losses. The minimum wage set by the State fails to take into account the situations in different industries in different regions. This is why you have the problems of replacing workers with AI and outsourcing jobs overseas. Some visas are why the unskilled workers are paid less than skilled as well, due to unskilled workers typically being non-citizens, where the minimum wage is not required.

Purchasing power fluctuates though?

Minimums just sets the price floor Inflation on goods at the point is a net gain to society at large, because in order to achieve that inflationary growth, you need to produce GDP in line with it. Farming is a great example of labour. Mostly undocumented, free market individuals getting abused by unfair practice or pay or equipment. Mining is another.