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?

@[email protected] · 11 months ago

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?

@TawdryPorker · 11 months ago

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.)