@[email protected] to World [email protected]English • 3 months agoChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comexternal-linkmessage-square128fedilinkarrow-up1217arrow-down17file-textcross-posted to: [email protected]
arrow-up1210arrow-down1external-linkChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.com@[email protected] to World [email protected]English • 3 months agomessage-square128fedilinkfile-textcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish0•3 months agoTechnology is inherently deflationary in that superior versions come out for the same or even less money all the time yet people still regularly buy TVs, phones, laptops, etc.
minus-square@[email protected]linkfedilinkEnglish2•3 months agoTrue, they’re poor examples. But discretionary spending, on the whole, is not on depreciating items.
Technology is inherently deflationary in that superior versions come out for the same or even less money all the time yet people still regularly buy TVs, phones, laptops, etc.
True, they’re poor examples. But discretionary spending, on the whole, is not on depreciating items.