The popular idea that prices should fall to previous lows gives most economists chills. Deflation is bad for everyone, they say.

  • kent_eh@lemmy.ca
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    1 year ago

    They took all the money out of people’s pockets and now they complain people can’t buy shit

    They are also laying people off, downsizing ang offshoring jobs.

    Who do they expect to still be able to buy their shit when they have no income?