r/PeterExplainsTheJoke 9h ago

Meme needing explanation Petah?

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u/StuartMcNight 9h 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?

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u/[deleted] 9h ago edited 8h ago

[deleted]

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u/Yearning_crescent 8h ago

I disagree, we can always send stimmy checks again