• oce 🐆
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    27 days ago

    Usually when a company has less work over a prolonged period, it’s not just going to reduce worked hours, it’s going to reduce the number of workers.

    • @[email protected]
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      06 days ago

      If peoples money is stretching further from deflation wouldn’t they be able to pay for more services giving more businesses more work?

      • oce 🐆
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        06 days ago

        If people think the price are going down they will wait more before buying anything not essential and a lot of our economy is not essential. Deflation is not only going to touch what you buy, it’s also going to touch what you or your company sells, reducing revenues.