• cfgaussian@lemmygrad.ml
    ·
    edit-2
    9 months ago

    falling prices tend to discourage consumers from spending

    I don't know man, maybe i'm just dumb but when prices keep rising to the point i can't afford to buy anything but the bare necessities of life that kinda tends to discourage me from spending, you know?

    I guess that's on me for not taking econ 101, if i did i would have known that the right thing to do to avert a financial crisis is go buy a new TV with money you don't have. Thank you brilliant economic geniuses at Fortune for teaching me!