Melatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agoHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comimagemessage-square159fedilinkarrow-up1458arrow-down114
arrow-up1444arrow-down1imageHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comMelatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agomessage-square159fedilink
minus-squaretaladarlinkfedilinkEnglisharrow-up1·1 year agoI don’t feel crypto is a good example because it is used by so many people as more of an investment and most spending was never really feasible due to high transaction costs and slow transactions.
minus-squareungoogleable@lemmy.mllinkfedilinkEnglisharrow-up3·1 year agoIt’s what happens when people treat money as an investment and don’t spend it. Money that’s useful as money would be a bad investment.
I don’t feel crypto is a good example because it is used by so many people as more of an investment and most spending was never really feasible due to high transaction costs and slow transactions.
It’s what happens when people treat money as an investment and don’t spend it. Money that’s useful as money would be a bad investment.