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A quick reminder that those with a lot of money in non-cash assets want you to believe that deflation is a bad thing.
If you get paid in cash? Deflation is good for you. Deflation means your $ will have more buying power.
Yes, jobs will be cut, but that is always temporary because all companies need to generate revenue. If they generate revenue through employees they can't axe them and grow.
Why would job cuts be temporary if demand stays low?
It was an amazing feeling when I was able to budget properly finally and start being able to proactively buy what I wanted or needed coming from a place of security and being able to shop around and use Costco etc.
Its straight up evil what is being done in terms of inflation. Treadmill of death
Babe, it's time for your news story about "China will fall anyday now"
yes dear
The system being set up where the only way prices broadly go down is if the economy is bad has always bothered me.
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