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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p76gtqv/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 8h ago
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520
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
93 u/PuzzleheadedFee6943 7h ago why not just start printing money then?! 5 u/Winnier4d 6h ago Actually, during an deflation maybe a good call to bring down the value of money again.
93
why not just start printing money then?!
5 u/Winnier4d 6h ago Actually, during an deflation maybe a good call to bring down the value of money again.
5
Actually, during an deflation maybe a good call to bring down the value of money again.
520
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