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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p76536o/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 8h ago
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Low inflation might be the first step towards deflation. Many economists would argue that deflation is a worse situation for the economy because it leads to a sharp drop of consumption and therefore a huge recession follows?
105 u/[deleted] 8h ago edited 7h ago [deleted] 3 u/ACcbe1986 7h ago We have 250 years of experience creating inflation. I don't think we will have any issues finding creative ways to battle deflation.
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3 u/ACcbe1986 7h ago We have 250 years of experience creating inflation. I don't think we will have any issues finding creative ways to battle deflation.
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We have 250 years of experience creating inflation. I don't think we will have any issues finding creative ways to battle deflation.
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u/StuartMcNight 8h ago
Low inflation might be the first step towards deflation. Many economists would argue that deflation is a worse situation for the economy because it leads to a sharp drop of consumption and therefore a huge recession follows?