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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p766pq4/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 8h ago
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520
Deflation is worse than inflation.
It means price can't go up anymore because ppl can't afford, businesses need to slack ppl off to stay afloat, which make ppl poorer and even less capable of buying stuff.
It's a death spiral
95 u/PuzzleheadedFee6943 7h ago why not just start printing money then?! 3 u/Unbekannte-0 7h ago Weimare approves
95
why not just start printing money then?!
3 u/Unbekannte-0 7h ago Weimare approves
3
Weimare approves
520
u/SuspiciousSnotling 8h ago
Deflation is worse than inflation.
It means price can't go up anymore because ppl can't afford, businesses need to slack ppl off to stay afloat, which make ppl poorer and even less capable of buying stuff.
It's a death spiral