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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p78e3mc/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago
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585
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
107 u/PuzzleheadedFee6943 8h ago why not just start printing money then?! 5 u/WarbleDarble 8h ago That's just stagflation. 1 u/captain_veridis 3h ago No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
107
why not just start printing money then?!
5 u/WarbleDarble 8h ago That's just stagflation. 1 u/captain_veridis 3h ago No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
5
That's just stagflation.
1 u/captain_veridis 3h ago No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
1
No, stagflation happens when it becomes more expensive to produce things (like in the 1970s oil crisis). Prices go up while companies lay people off.
585
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