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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p76edh1/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 8h ago
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516
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?! 4 u/WarbleDarble 7h ago That's just stagflation. 1 u/captain_veridis 1h ago No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
95
why not just start printing money then?!
4 u/WarbleDarble 7h ago That's just stagflation. 1 u/captain_veridis 1h ago No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
4
That's just stagflation.
1 u/captain_veridis 1h ago No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
1
No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
516
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