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.
This is factually wrong. You’re confusing the hyperinflation crisis of 1923, which was a response to foreign policy, with the deflationary crisis of the Great Depression in Germany starting 1929.
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u/SuspiciousSnotling 9h 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