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.
Deflation will happen when boomers start to retire enmasse and pur imaginary stock prices dont have the liquidity behind them for people retiring... only magically for more circular investment between the same 6 companies.
I doubt it'll be a sudden change though. At least not until it hits a breaking point and the public gets wise and tries to get what they can from it.
Oh it'll SEEM sudden, but there will have been thousands of economists ringing alarm bells well in advance while the politicians pull the curtain closed and say everything is fine, right up until the whole thing crashes. And then it'll be a "Who could have seen this coming? It's not our fault!"
Deflation happens when there isnt money in the market. Specifically to drive consumer spending. Prices fall as people scramble to get any price they can for goods in a market where there isnt any capital.
Am I missing something? Im not an economist so im happen to hear about it
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u/gicjos 7h 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