Works the the other way too: lowering prices causes people to wait to buy, which causes production slowdowns, causes layoffs, causes fewer people making purchas

Works the the other way too: lowering prices causes people to wait to buy, which causes production slowdowns, causes layoffs, causes fewer people making purchases, causes price cuts. * https://en.wikipedia.org/wiki/Deflation#Deflationary_spiral https://en.wikipedia.org/wiki/Deflation#Deflationary_spiral