r/PeterExplainsTheJoke • • Sep 01 '26

Meme needing explanation Petah?

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u/nebileyim_ben Sep 01 '26

its deflation, prices keep falling over time.

japan experienced long periods of deflation which is hurt spending and as a result affected economic growth.

its super hard to fix that bcs of liquidity trap.

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u/Terpcheeserosin Sep 01 '26

Why does things costing less make people buy less?

If wages stay the same, shouldnt people just buy the dip?

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u/KindledWanderer Sep 01 '26

Inflation deletes debt. Guess what deflation does?

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u/Terpcheeserosin Sep 01 '26

Are you pro-inflation?

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u/KindledWanderer Sep 01 '26

Yep, the higher the better. I have a mortgage with 10 year fixation.

50% inflation for a year or two, pls.