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