r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago

Meme needing explanation Petah?

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u/thevoidthatjerksback 9h ago

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

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u/GenericGrad 8h ago

Deflation means not spending money creates wealth because money is worth more tomorrow.

Basically it means doing nothing is a good strategy. Doing nothing isn't the point of life or anything.

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u/thevoidthatjerksback 8h ago

Hobbits disagree with you on that. Also banks pay interest on savings accounts. Arguably the richest already are on the do nothing train. Deflation would just allow for everyone to benefit from that

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u/Nordic-Candle 6h ago

Wait until you realise what banks do with your money... that will be a shocker, because invested money needs to be productive, otherwise how can it give you interest?