r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 8h ago

Meme needing explanation Petah?

Post image
13.3k Upvotes

92% Upvoted

2.5k comments sorted by

View all comments

Show parent comments

155

u/Mayor_Death 6h ago

Is deflation a cause or symptom, though? To me, it’s just a number, but I understand that it is more than that to various economic groups.

As far as I understand it, deflation indicates that prices are going down, which is a good thing to me individually.

136

u/gicjos 6h ago

The prices only go down when people don't have enough money to buy things. For the prices to go down most people will be in a really bad situation 

59

u/feralkitten 5h ago

The prices only go down when people don't have enough money to buy things.

isn't that where we are now? I mean kids aren't moving out of their parents house. And everyone has either multiple roommates or multiple jobs. Tech is laying off, and no one is hiring.

24

u/Beef-Town 5h ago

>isn’t that where we are now?

a situation like this is hard to miss. we’re definitely headed in that direction but you’ll notice when it gets that bad.

36

u/HonkHonkBeach 5h ago

Too many people have not studied how bad the depression was. There’s a reason granny kept a ham in her deep freezer from 10 years before you were born.

18

u/LeeKinanus 4h ago

Mine had 4 cardboard barrels in the garage filled with freeze dried food. They were there 10 yrs before I was born and never opened them.

1

u/World_of_Eter 20m ago

I don't know if I'd say I'm doomsday prepper level about it but I've got enough non-perishable food to last a couple years in the event that the cost of food either becomes prohibitively expensive or just isn't there to buy. In this fantasy scenario though the water needs to still be running because I have at best a couple months of water.

1

u/MyCatLaughsAtMe 1h ago

This. The store shelves will become awful Soviet first, and then, so will the attitudes of the people...