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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1w4api1/petah/p78vaa0/?context=3
r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago
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583
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
111 u/PuzzleheadedFee6943 8h ago why not just start printing money then?! 1 u/OtherwiseMagician433 1h ago We are already doing that. The us takes out massive loans, then prints more money and inflates the value of those loans away to repay them.
111
why not just start printing money then?!
1 u/OtherwiseMagician433 1h ago We are already doing that. The us takes out massive loans, then prints more money and inflates the value of those loans away to repay them.
1
We are already doing that. The us takes out massive loans, then prints more money and inflates the value of those loans away to repay them.
583
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