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How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases? (lemmy.dbzer0.com)

submitted 1 year ago by Melatonin@lemmy.dbzer0.com to c/asklemmy@lemmy.ml

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[-] AFKBRBChocolate@lemmy.world 5 points 1 year ago

I’d rather not have to play the stock market game and just save my money for retirement without it losing value

Which is exactly what they mean by hoarding money. Everyone would prefer that, and if everyone did, all that money would be taken out of the economy. Instead we're all motivated to invest in things, which keeps the economy growing and healthier for all of us.

this post was submitted on 22 Jul 2023

446 points (96.7% liked)

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