r/PeterExplainsTheJoke 9h ago

Meme needing explanation Petah?

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u/nebileyim_ben 9h ago edited 9h ago

its japans economic trap, worse than inflation.

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u/Grouchy_Theme1461 9h ago

bruh u gotta explain it

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u/nebileyim_ben 9h ago

its deflation, prices keep falling over time.

japan experienced long periods of deflation which is hurt spending and as a result affected economic growth.

its super hard to fix that bcs of liquidity trap.

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u/SpaceTacos99 7h ago

Oh my my new iPhone is too cheap -nobody