minus-squareDenjin@feddit.uktoLate Stage Capitalism@lemmy.world•Cant risk hurting profitslinkfedilinkarrow-up11arrow-down2·9 days agoDeflation is actually pretty awful for everyone, it creates a negative feedback loop that results in widespread job losses. The Great Depression was largely driven by a deflationary spiral. linkfedilink
Deflation is actually pretty awful for everyone, it creates a negative feedback loop that results in widespread job losses. The Great Depression was largely driven by a deflationary spiral.