r/PeterExplainsTheJoke 9h ago

Meme needing explanation Petah?

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u/thevoidthatjerksback 8h ago

I doubt that anyone could explain this in a way where I would accept deflation as worse

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u/SirUnknown2 8h ago

Bitcoin is a deflationary currency. We already have real life examples of what happens when deflation.

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u/thevoidthatjerksback 8h ago

Bitcoin isn't a real currency. Its a make believe toy. There aren't examples of deflation, there are examples of people waking up and the make believe thing being completely devalued

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u/taoders 7h ago

No examples of deflation?

The Great Depression?
The Great Recession?
Japan’s “lost decade”?

How’d those go for the working class?