Melatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agoHow 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.comimagemessage-square35fedilinkarrow-up13arrow-down10
arrow-up13arrow-down1imageHow 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.comMelatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agomessage-square35fedilink
minus-squareTheLemming@feddit.delinkfedilinkEnglisharrow-up1·1 year agoThe value of things doesn’t really increase. One loaf of bread still makes my hunger go away the same amount that it does regardless of its price tag. It’s the »measurement tool« that we are measuring/defining its value with that’s changing in alignment to the amount of supply of bread.
The value of things doesn’t really increase. One loaf of bread still makes my hunger go away the same amount that it does regardless of its price tag.
It’s the »measurement tool« that we are measuring/defining its value with that’s changing in alignment to the amount of supply of bread.