Imagine having bought a house for 300k and a few years later its only worth 250k...if you were a buyer and you saw prices going down...would you buy or wait for prices to keep going down. It is good in some regards, such as your paycheck going a bit further and being able to buy more...but once you buy those assets they will depreciate and for things like cars...they will depreciate quickly.
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u/nebileyim_ben 9h ago edited 9h ago
its japans economic trap, worse than inflation.