r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago

Meme needing explanation Petah?

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u/Terpcheeserosin 8h ago

Why does things costing less make people buy less?

If wages stay the same, shouldnt people just buy the dip?

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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?

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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" ?

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u/ProudUSAgunOwner 4h ago

Money can buy more. This INCLUDES labor!

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u/Terpcheeserosin 3h ago

Labor has price floors

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u/ProudUSAgunOwner 2h ago

Not with deflation. All money is worth more. People used to work for a few cents per hour and that could afford them all of life’s necessities.