"Experts": Falling prices would actually be bad. Shut up and vote for Biden! - The Great Awakening

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"Experts": Falling prices would actually be bad. Shut up and vote for Biden! (apnews.com) 🧠 These people are stupid!

posted 240 days ago by lsdQ 240 days ago by lsdQ +39 / -0

Who wouldn't like prices to start falling? Careful what you wish for, economists say

Many Americans are in a sour mood about the economy for one main reason: Prices feel too high. Maybe they’re not rising as fast as they had been, but average prices are still painfully above where they were before the pandemic.

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– NanoKhuma 4 points 240 days ago +4 / -0

"Deflation is bad, because it causes things that are already happening, and no you can't have deflation"

The economy is already slowing down in real terms, unemployment and layoffs are way up, and businesses are already cutting hours and pay, so what would be sooo bad as to make deflation untenable, period?

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