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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p76o7nu/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago
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Low inflation might be the first step towards deflation. Many economists would argue that deflation is a worse situation for the economy because it leads to a sharp drop of consumption and therefore a huge recession follows?
1.4k u/thevoidthatjerksback 8h ago I doubt that anyone could explain this in a way where I would accept deflation as worse 1 u/Quixotic_Seal 7h ago Most major depressions have been deflationary, including the Great Depression.
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I doubt that anyone could explain this in a way where I would accept deflation as worse
1 u/Quixotic_Seal 7h ago Most major depressions have been deflationary, including the Great Depression.
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Most major depressions have been deflationary, including the Great Depression.
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u/StuartMcNight 9h ago
Low inflation might be the first step towards deflation. Many economists would argue that deflation is a worse situation for the economy because it leads to a sharp drop of consumption and therefore a huge recession follows?