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Nah. When things are cheap, people will go shopping. When things are expensive, people will save. It's a naturally self-correcting mechanism. Every deviation f
by Geee 5y ago
Nah. When things are cheap, people will go shopping. When things are expensive, people will save. It's a naturally self-correcting mechanism.
Every deviation from the expected deflation would be an opportunity for arbitrage. Also, the deflation isn't guaranteed, so it carries a risk, which disincentivizes hoarding.
- ineedasername 5y agoThere are always some things that are expensive and some that are cheap. It is not a binary mode for many people to be in one or the other.
- Geee 5y agoPeople usually buy more when products are on sale.