Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 8 months agoWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comexternal-linkmessage-square190fedilinkarrow-up1338arrow-down19
arrow-up1329arrow-down1external-linkWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 8 months agomessage-square190fedilink
minus-squarelad@programming.devlinkfedilinkarrow-up1·7 months agoWhat are the issues with deflation other than that people wouldn’t want to invest in whatever is available?
minus-squarenevemsenki@lemmy.worldlinkfedilinkarrow-up1arrow-down4·7 months agoYou also shouldn’t purchase, since goods will get cheaper over time. Also don’t take loans for the same reasons. Basically you should take your money in cash and sit on it.
minus-squareTangledHyphae@lemmy.worldlinkfedilinkarrow-up2·7 months agoThat falls apart with necessities like food and medicine, doesn’t it?
What are the issues with deflation other than that people wouldn’t want to invest in whatever is available?
You also shouldn’t purchase, since goods will get cheaper over time. Also don’t take loans for the same reasons. Basically you should take your money in cash and sit on it.
That falls apart with necessities like food and medicine, doesn’t it?