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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p76fxop/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 8h ago
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519
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
7 u/panatale1 6h ago You mean the point where we already are?
7
You mean the point where we already are?
519
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