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Educational Video

Deflation and the Obvious Way Out

Independent researcher Clif High on deflation, currency, and a moment of insight about the way out — a 53-minute video talk.

Independent researcher Clif High discusses deflation and a proposed way out of it in this video, published on his Substack on June 7, 2026. In his own words, it is “ramblings about currency and a moment of insight.”

It pairs well with the rest of this site: what money is, how interest and demurrage shape the way it moves, and why a complementary currency can keep local trade going when the official money gets scarce. The video runs about 53 minutes and is free to watch.

Watch on Substack »

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See how interest and demurrage change the way money moves — and continue the conversation on our forums.