2 ms·

Yeah, let's hold up the vacation so that we can get that airport sandwich for free. I don't even think people have a grasp of the effects on inflation/deflatio

• nerfhammer 9y ago
  Different types of goods are affected differently. Groceries aren't affected at all, but for large purchases there is empirical evidence that expectations of deflation lead to a general decrease in spending: e.g. https://www.dallasfed.org/assets/documents/institute/wpapers/2015/0226.pdf https://www.dallasfed.org/assets/documents/institute/wpapers... , http://www.tandfonline.com/doi/abs/10.1080/13504851.2015.1100242?journalCode=rael20 http://www.tandfonline.com/doi/abs/10.1080/13504851.2015.110...