Everyone would, but in reality, we have to think about the cause-and-effect that leads to changes in prices.
Prices don’t just go down for no reason. They go down because either the supply of something increases and/or the demand for something decreases.
In a world of finite resources, we can’t always rely on supply increases, so in reality, widespread deflation would be due to decreases in demand. Decreases in demand would be largely due to less discretionary spending for most people, which would likely be due to lower wages and/or high unemployment.
If people have jobs and are making good money, that keeps prices growing because it keeps demand high.
No, we don’t. The government wants it. It is inflation tax all over again. Deflation can be natural, check the prices of renting videos back in the 90s and compare to nowadays in streaming. Deflation is “bad” to the ones who own money. Guess who is the #1? Exactly. The government… they will “pay” you through inflation. This is why people force into your mind “a little bit of inflation is good”. Roman Empire literally broke thanks to inflation melting other metals in their coins. But history repeats itself and the people will never learn.
They try to force that into your mind because it's correct and basic economics. I don't know how comparing two completely different things is supposed to disprove that.
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u/Glad_Camel_6078 9h ago
Prices are Still rising and it is being normalised...