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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p783btn/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago
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198
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?
119 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" ? 1 u/ProudUSAgunOwner 4h ago Money can buy more. This INCLUDES labor! 1 u/Terpcheeserosin 3h ago Labor has price floors 1 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.
119
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" ?
1 u/ProudUSAgunOwner 4h ago Money can buy more. This INCLUDES labor! 1 u/Terpcheeserosin 3h ago Labor has price floors 1 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.
1
Money can buy more. This INCLUDES labor!
1 u/Terpcheeserosin 3h ago Labor has price floors 1 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.
Labor has price floors
1 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.
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.
198
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?