0.5% Hike for inflation - what about DEFLATION? / News of the Money-World, Ep 28

Globalisation leading to increased interdependency / Complacency / War / Pandemics / Supply chain and labor shortages / Inflation / Interest rate hikes / Economic crash / Deflation. This is the cycle we've seen before, around the time of WW1 to be exact - are we seeing a repeat or will it be different this time around?