r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago

Meme needing explanation Petah?

Post image
14.6k Upvotes

92% Upvoted

2.7k comments sorted by

View all comments

Show parent comments

197

u/Poland-lithuania1 8h ago

It isn't things cost less, it's money can buy more. Isn't it better to save that money for the future, when it's probably gonna be able to buy more?

118

u/Terpcheeserosin 8h ago

So things don't cost less

But money can buy more?

So right now eggs are 10$ a pack

After deflation

You can buy 2 for 10 dollars because "money can buy more"

How is that not also, "eggs cost less" ?

216

u/InternalCapable5286 8h ago

It's more about people holding out on buying things because they believe it will be cheaper later. Food is a bad example because people will always buy food, regardless of the cost. But why would you buy a car if it might be $2,000 cheaper in a few months? Then a few months pass and now it looks like that car might be even cheaper, will you spend now or keep holding out to see if it goes lower?

1

u/JustTaHero 5h ago

Is it going to apply to a culture that FUCKING LOVES SPENDING? Something by like 80% of Coachella apparently went into debt to go, meanwhile, Japan doesn’t, unanimously accept credit cards still.