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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p7786pi/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago
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195
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.
19 u/PiperUncle 7h ago Prices going down includes your labour 17 u/Civil_Act1864 6h ago But when prices go up our labor doesn't? 0 u/Ok_Tonight_4597 5h ago lol ya “economist” slop rarely makes sense
19
Prices going down includes your labour
17 u/Civil_Act1864 6h ago But when prices go up our labor doesn't? 0 u/Ok_Tonight_4597 5h ago lol ya “economist” slop rarely makes sense
17
But when prices go up our labor doesn't?
0 u/Ok_Tonight_4597 5h ago lol ya “economist” slop rarely makes sense
0
lol ya “economist” slop rarely makes sense
195
u/Mayor_Death 7h 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.