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Doesn't deflation especially disadvantage the young - since you're usually not born with savings of your own.
by AlexandrB 2y ago
Doesn't deflation especially disadvantage the young - since you're usually not born with savings of your own.
- RpmReviver 2y agoDepends how much deflation there is with wages compared to everything else, there's a scenario that they have an opportunity to start saving The majority of the expenses for the disadvantaged young are housing, gas, and food. With housing being 4x more expensive than 4 or 5 years it basically puts all the disadvantaged from even buying a house and then puts them at the mercy of the renters market