4 ms·
> Why should I buy good X for $Y today, when I anticipate that good X will be available for $(.85)Y tomorrow? And why should you buy the good X for $(.85)Y tom
by vrotaru 16y ago
> Why should I buy good X for $Y today, when I anticipate that good X will be available for $(.85)Y tomorrow?
And why should you buy the good X for $(.85)Y tomorrow, if it will cost $(.7225)Y the day after tomorrow? Right?
I see that's why people never spend money on new phones and computers!!!1!!
Now seriously, the assumption that people will forever postpone consumption is absurd and wrong. But the whole deflationary spiral theory falls apart without that assumption.