Melatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agoHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comimagemessage-square164fedilinkarrow-up1470arrow-down116
arrow-up1454arrow-down1imageHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comMelatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agomessage-square164fedilink
minus-squareFemcowboylinkfedilinkarrow-up7arrow-down2·1 year agoDeflation discourages spending at all levels, because why spend right now when your cash will be worth more later? This kills any economy.
Deflation discourages spending at all levels, because why spend right now when your cash will be worth more later? This kills any economy.