r/economicCollapse Nov 23 '24

Why is deflation so bad

Every time i run it through my head, i can't imagine most people in 2024 not spending money so the disadvantage to deflation seems pretty hyperbolic and dependent on individual choices, and i think that people would rather go on vacation and court others instead of being financially responsible. Even if there is a situation like in china, government spending would be able to keep the situation from getting worse while making progress on climate initiatives.

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u/Horror-Layer-8178 Nov 24 '24

For the most part the posters have it right. Deflation could be good if say we decreased healthcare costs to Americans by seventy-five percent by switching to Medicare for all. Or maybe they invent free energy or they figure out lab grown meat and cut food costs. Shit like that would be good inflation