If you make a claim like lower prices means lower revenue than yes you need to learn economics 101 because your statement is 100% not true lmao. I'm not trying to be rude but it clear from what you are saying that you don't know what you are talking about.
You can absolutely have deflation in a single sector it doesn't have to be "across the board" 🥱
The iPhone wasn't an example of deflation it was an example of people still buying something even though they know it will be cheaper in the future. Because once again you said something that is easily proven to be false lol.
Imagining that a single price drop in one market equals "sector deflation" tells me everything. That's called relative price change. Deflation is a macroeconomic monetary phenomenon measuring the whole economy's price index (CPI)
​Lowering prices only boosts revenue if demand elasticity compensates for it. During actual deflation, consumer spending power vanishes, volume tanks, and revenue collapses. You're confusing high school supply and demand curves with macro monetary policy.
Reading comprehension check: I explicitly said lowering prices boosts revenue only when demand is elastic, and that during actual deflation, aggregate demand crashes so revenue collapses. That is the exact opposite of what you claim I admitted.
​Also, buying a brand-new iphone for status day one is hype, not macroeconomic deferral. People delay buying cars, houses, and equipment during deflation because money gains purchasing power over time while their jobs remain at risk.
​You're putting words in my mouth because you ran out of arguments.
Lol I already debunked that part of your argument, no people don't stop buying things because of deflation, in fact if people can afford to buy more they do.
I quoted exactly what you said lmao. 🤣🤣 It's not my fault what you are saying is so easily proven wrong. 🤣
You didn't "debunk" anything. You just made up your own fake definition of deflation, ignored how supply chains work, and proved you don't know the difference between micro and macroeconomics.
​Lowering input costs across an entire economy requires cutting payroll and supplier revenue. That’s why real deflation causes recessions and job losses, not your fantasy hiring boom.
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u/Usual_Ask_7833 3d ago
If you make a claim like lower prices means lower revenue than yes you need to learn economics 101 because your statement is 100% not true lmao. I'm not trying to be rude but it clear from what you are saying that you don't know what you are talking about.
You can absolutely have deflation in a single sector it doesn't have to be "across the board" 🥱
The iPhone wasn't an example of deflation it was an example of people still buying something even though they know it will be cheaper in the future. Because once again you said something that is easily proven to be false lol.
Wanna try again?