3 ms·
> Why buy a truck for 1oz of gold today when I could buy two for the same amount next year? Because someone needs a truck now. Deflation makes people more fisc
by primrose 9y ago
> Why buy a truck for 1oz of gold today when I could buy two for the same amount next year?
Because someone needs a truck now. Deflation makes people more fiscally responsible, not less.
- noncoml 9y agoYou are both saying the same thing. You only buy a truck today if you absolutely need it.
- Clubber 9y agoRight, but in economies, that's a bad thing. (less spending, less demand, fewer jobs, repeat, downward spiral, economic collapse).
- mr_spothawk 9y ago> Right, but in economies driven by unchecked consumption, that's a bad thing. FTFY