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submitted 2 years ago by yogthos@lemmy.ml to c/us_news@lemmygrad.ml
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[-] cfgaussian@lemmygrad.ml 16 points 2 years ago* (last edited 2 years 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!

this post was submitted on 31 Mar 2024
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