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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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[-] Kecessa@sh.itjust.works 1 points 1 year ago

The thing is we all wish that prices would come back down, but prices might be lower, you still can't afford what you want to buy if you lose your job or your salary goes down.

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

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