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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p77v2k0/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago
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575
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
17 u/ReaperTys 8h ago This is literally happening with inflation 1 u/Command0Dude 4h ago Different problem
17
This is literally happening with inflation
1 u/Command0Dude 4h ago Different problem
1
Different problem
575
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