r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago

Meme needing explanation Petah?

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u/Top_Divide6886 8h ago

More practically it leads to price decreases. When firms are unable to sell their goods and services the first thing they stop spending on is labor.

So deflation usually leads strongly to mass unemployment.

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u/Raptor1210 8h ago

If the tech bros and powers that be get their way, we're going to have mass unemployment regardless.

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u/WarbleDarble 8h ago

So we should make it as bad as possible?

I'm not sure how your comment is an argument against the one you are responding to.

Doubling down on causes for increased unemployment doesn't make one of the causes better.

"Smoking is bad for your health"

"It's okay I drink too much"

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u/lFightForTheUsers 6h ago

No you're right, we should simply eat the rich.