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How 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.com)

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Melatonin@lemmy.dbzer0.com
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HobbitFoot @thelemmy.club
9 points

No, but you are more likely to get fired and lose your income as demand for labor drops.

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TawdryPorker@lemmy.world
8 points

Always. If inflation runs away, the poor suffer. If we get stuck in a deflationary cycle the poor suffer. Apparently it is impossible to construct an equitable system that works without gross inequality (spoiler: it isn’t but some people love inequality and will do anything to prevent things being distributed more equally.)

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