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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p76atik/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago
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And why does it increase?
9 u/weed0monkey 8h ago Because your purchasing power is now higher 21 u/CheshireTsunami 8h ago Assuming you aren’t part of the layoffs and wave of underemployment that follows. The same way firms increase prices to keep them consistent with inflation? They do the same thing in reverse for deflation and wages 0 u/thevoidthatjerksback 8h ago They can only leverage those threats so far in the face of deflation. They can leverage those same tools infinitely in the face of inflation
9
Because your purchasing power is now higher
21 u/CheshireTsunami 8h ago Assuming you aren’t part of the layoffs and wave of underemployment that follows. The same way firms increase prices to keep them consistent with inflation? They do the same thing in reverse for deflation and wages 0 u/thevoidthatjerksback 8h ago They can only leverage those threats so far in the face of deflation. They can leverage those same tools infinitely in the face of inflation
21
Assuming you aren’t part of the layoffs and wave of underemployment that follows. The same way firms increase prices to keep them consistent with inflation? They do the same thing in reverse for deflation and wages
0 u/thevoidthatjerksback 8h ago They can only leverage those threats so far in the face of deflation. They can leverage those same tools infinitely in the face of inflation
0
They can only leverage those threats so far in the face of deflation. They can leverage those same tools infinitely in the face of inflation
37
u/a1b2t 8h ago
And why does it increase?