r/PeterExplainsTheJoke 9h ago

Meme needing explanation Petah?

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u/saera-targaryen 7h ago

A deflationary environment is the opposite, where people sit on cash instead of investing because they believe that the investments will be worth less than the cash in the future. Inflationary environments are what make investments the smart choice, if we were deflationary no one would invest money. 

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u/Ok_Tonight_4597 5h ago

> if we were deflationary no one would invest money

Oh the humanity!! Not the fake money casino that has warped every incentive in our economy and devalues our labor daily!!! 😭

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u/saera-targaryen 5h ago

By investing money here I mean buying a new car or getting a mortgage, not the stock market. Any transaction that trades money for an asset. 

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u/Ok_Tonight_4597 3h ago

That’s just buying necessities. Not investing. Especially with a car as that depreciates in value over time as opposed to growing in value.