How 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.comimage Melatonin ( @Melatonin@lemmy.dbzer0.com ) Asklemmy@lemmy.ml • 1 year ago message-square47fedilinkarrow-up1274
arrow-up1274imageHow 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.com Melatonin ( @Melatonin@lemmy.dbzer0.com ) Asklemmy@lemmy.ml • 1 year ago message-square47fedilink
minus-square Femcowboy ( @Femcowboy@lemm.ee ) linkfedilink5•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.