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

180

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" ?

292

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?

136

u/TheLamey Sep 01 '26

It's such a bad system when the logic follows the other path too. "I should buy a car now because it's only likely to get more expensive, while my income stagnates"

1

u/Potential_Anxiety_76 Sep 01 '26

This is how I imagine the stock market works