With unemployment, the velocity of money decrease. Non essential goods like tech is deflationary over time, but food and rent is not. The rich few can absorb co

With unemployment, the velocity of money decrease. Non essential goods like tech is deflationary over time, but food and rent is not. The rich few can absorb costs whether it is food, rent or tech, but the poor and unemployed mass can only absorb so much, and they will use it for rent and food, but not other non essential goods. Therefore no inflation. i.e, grocery price might increase but an iPad will still cost the same.