schizoidman@lemm.ee to World News@lemmy.worldEnglish · 4 days agoChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comexternal-linkmessage-square128fedilinkarrow-up1216arrow-down17file-text
arrow-up1209arrow-down1external-linkChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comschizoidman@lemm.ee to World News@lemmy.worldEnglish · 4 days agomessage-square128fedilinkfile-text
minus-squareRaiderkev@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down6·3 days ago“Deflationationary phases are very helpful for the working class, as their dollar now buys MORE things. Like food. And housing. And health care.” Shhh can’t be having that. Don’t worry, we beat inflation. Everything is just more expensive now. Deal with it.
minus-squareWanderer@lemm.eelinkfedilinkEnglisharrow-up4arrow-down1·3 days agoTheir dollar buy more until the company folds as the economy goes to shit.
“Deflationationary phases are very helpful for the working class, as their dollar now buys MORE things. Like food. And housing. And health care.”
Shhh can’t be having that. Don’t worry, we beat inflation. Everything is just more expensive now. Deal with it.
Their dollar buy more until the company folds as the economy goes to shit.