It means price can't go up anymore because ppl can't afford, businesses need to slack ppl off to stay afloat, which make ppl poorer and even less capable of buying stuff.
I struggle considering that my country's wages are increasing faster than the inflation if most jobs are specifically exempt from the wage increase because they are irregulated jobs AND because we work 6X1 days AND it looks like we will adopt the Argentinian "your boss an pay you in food, has no hours limit and no minimum wage" attitude next year
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u/SuspiciousSnotling 9h ago
Deflation is worse than inflation.
It means price can't go up anymore because ppl can't afford, businesses need to slack ppl off to stay afloat, which make ppl poorer and even less capable of buying stuff.
It's a death spiral