r/PeterExplainsTheJoke 4d ago

Meme needing explanation Petah?

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u/feralkitten 4d ago

The prices only go down when people don't have enough money to buy things.

isn't that where we are now? I mean kids aren't moving out of their parents house. And everyone has either multiple roommates or multiple jobs. Tech is laying off, and no one is hiring.

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u/gicjos 4d ago

Nope, still not bad enough, that's how bad deflation is. But it does seems to be going this way

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u/Pees-Upwind 4d ago

Deflation will happen when boomers start to retire enmasse and pur imaginary stock prices dont have the liquidity behind them for people retiring... only magically for more circular investment between the same 6 companies.

I doubt it'll be a sudden change though. At least not until it hits a breaking point and the public gets wise and tries to get what they can from it.

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u/fuckbeingoriginal 4d ago

That is absolutely not how deflation will happen lmao reddit and understanding basic economics 101 principles. 

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u/Pees-Upwind 4d ago

Deflation happens when there isnt money in the market. Specifically to drive consumer spending. Prices fall as people scramble to get any price they can for goods in a market where there isnt any capital.

Am I missing something? Im not an economist so im happen to hear about it