Melatonin@lemmy.dbzer0.com to Asklemmy · 11 months 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-square155fedilinkarrow-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 · 11 months agomessage-square155fedilink
minus-squareungoogleablelinkfedilinkarrow-up8arrow-down4·11 months agoWhat you describe would be worse without inflation. The rich would still have most of the capital, but they also wouldn’t bother investing it either, which at least recirculates the money and becomes income for others.
What you describe would be worse without inflation. The rich would still have most of the capital, but they also wouldn’t bother investing it either, which at least recirculates the money and becomes income for others.