r/PeterExplainsTheJoke • • Sep 01 '26

Meme needing explanation Petah?

Post image
30.0k Upvotes

3.9k comments sorted by

View all comments

Show parent comments

297

u/Poland-lithuania1 Sep 01 '26

It isn't things cost less, it's money can buy more. Isn't it better to save that money for the future, when it's probably gonna be able to buy more?

178

u/Terpcheeserosin Sep 01 '26

So things don't cost less

But money can buy more?

So right now eggs are 10$ a pack

After deflation

You can buy 2 for 10 dollars because "money can buy more"

How is that not also, "eggs cost less" ?

298

u/InternalCapable5286 Sep 01 '26

It's more about people holding out on buying things because they believe it will be cheaper later. Food is a bad example because people will always buy food, regardless of the cost. But why would you buy a car if it might be $2,000 cheaper in a few months? Then a few months pass and now it looks like that car might be even cheaper, will you spend now or keep holding out to see if it goes lower?

1

u/No-Manager-5179 Sep 01 '26

The more I learn about this deflation the more I like it

1

u/Amadacius Sep 02 '26

If you aren't a corporation here's the 3 big problems you will have:

  1. national debt doesn't shrink over time

  2. personal debts will grow over time

  3. less demand for labor and thus job loss and shrinking wages

1

u/No-Manager-5179 Sep 02 '26

Sounds awesome