r/PeterExplainsTheJoke 9h ago

Meme needing explanation Petah?

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u/gicjos 6h ago

Nope, still not bad enough, that's how bad deflation is. But it does seems to be going this way

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u/Pees-Upwind 5h ago

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.

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u/echoshatter 5h ago

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!"

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u/Pees-Upwind 4h ago

This guy gets it haha