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Joined 1 year ago
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Cake day: June 12th, 2023

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  • Sure, but it would also benefit working class people because stuff’s less expensive right? Inflation like we have now, also only seems to benefit people with capital while giving working class people less to spend and taking forever before the wages have equalized again (if they ever will). Wouldn’t at least some temporary deflation help equalize everything again?


  • Genuine question: does that mean deflation is never a good thing? Like, right now prices are skyrocketing (tbf, not just due to inflation, but it’s not like they’ll ever go down again). It would take ages for wages to catch up properly, if it ever will (since it could be argued that we were still catching up from before), so wouldn’t deflation be helpful here?