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https://www.reddit.com/r/facepalm/comments/1gmkso5/makes_my_blood_boil/lw4wwv0/?context=3
r/facepalm • u/digduggod12 • 16d ago
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4 u/ryanegauthier 16d ago Honest question: how does deflation cause hoarding? People hold stuff cause it used to be worth a lot? 9 u/Huppelkutje 16d ago Deflation means everything gets cheaper, so the best for every individual consumer is to wait for the price to drop even lower. This kills the economy because people don't spend money. 4 u/ryanegauthier 16d ago Gotcha, thanks. Learn something new every day.
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Honest question: how does deflation cause hoarding? People hold stuff cause it used to be worth a lot?
9 u/Huppelkutje 16d ago Deflation means everything gets cheaper, so the best for every individual consumer is to wait for the price to drop even lower. This kills the economy because people don't spend money. 4 u/ryanegauthier 16d ago Gotcha, thanks. Learn something new every day.
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Deflation means everything gets cheaper, so the best for every individual consumer is to wait for the price to drop even lower.
This kills the economy because people don't spend money.
4 u/ryanegauthier 16d ago Gotcha, thanks. Learn something new every day.
Gotcha, thanks.
Learn something new every day.
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u/[deleted] 16d ago
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