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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

The popular idea that prices should fall to previous lows gives most economists chills. Deflation is bad for everyone, they say.

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[-] kent_eh@lemmy.ca 4 points 1 year ago

They took all the money out of people's pockets and now they complain people can't buy shit

They are also laying people off, downsizing ang offshoring jobs.

Who do they expect to still be able to buy their shit when they have no income?

this post was submitted on 21 Sep 2023
16 points (76.7% liked)

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