Thanks for watching! A quick reminder: all my videos have subtitles if you want to read along. If you enjoyed the video, please like, comment, and share with your friends so more people can learn. Don’t forget to subscribe for more content! I’d also love to hear your thoughts, ideas, and suggestions! Feel free to share them here! REMINDER: I will not force nor recommend any investments! This video is for educational purposes and you should make your financial decision wisely with considerations and not solely based on this video. Thanks once more for your support!
@@Explains101 I love the AI voice saying "Hey there!" at the start of video. It's quite iconic imo. Maybe for next video, put AI "Hey there!" at the start and use human voice for the rest. ♥your content!
I have heard the ai voice so much that I began to prefer it over any other voice because of the consistency of the tune... or something I don't know I just llike it
Deflation is only a problem if it is exccesive. But we could have -3% to +3% without any issues. I have never bought it the deflationary spiral argument. That's not how consumers behave! For example. You can save money for 4 years and buy a car, or you can borrow the money and buy it now. Most people chose the buy it now, even though it's considerably more expensive because you have to pay high interest rates. Time is an important factor for taking purchase decisions. So if people is happy to borrow debt a high interest rates (9-12%). A low deflation rate (around -3% for example) should not be any different.
The problem with your idea is that salaries will have to continously go down , and nobody will accept that , usually presidents candidates talk about salaries going up what will they promise now? Less work required per hour?
@ageofampire2 depends on the cause of this deflation. If it was caused by productivity improvement or tax reduction, then salaries don't need to go down nominally.
@@miachmif the products price lower then comercial increase and state tax lowers as well , at one point the government will have to print way more money to pay the retirements , it would get to the point where the government will calculate at what age you should retire and at what age you die in order to not have people that get 1000 euro per month while a bread is half a cent
@ageofampire2 you are assuming than deflation will remain forever. I put a range between -3 to +3%. Some years you will have inflation and others deflation. What it matters is to have price stability so you can plan long term.
@@miachmthat is probably ideal , but then you will have a stale economy , the rich are rich and the poor are poor , it would force everyone to focus on best paying jobs
deflation for the 2nd and 3rd reason wouldn't be so bad, if losing your job wasn't so devastating to an individual. and really it shouldn't be, but this is the world we live in. if only we knew a better way to motivate people to work than the threat of poverty or violence.
Thats why UBS is better than government health care and social program's, while these programs tend to create people who lives in very poor conditions, also makes the economy less efficient, just stop to think about it that UBS will make a lot of difference in the life of the poor but will make no diference to the rich, the problem with UBS is that it will create a lot of demand for basic items but the motivational for people to work will be efford better food better house, better healthcare, today we have people who begs for any Healthcare and any food or wather wille, theres no scarcity of thoso goods, it may induce a boost in population which is not good 😐, but it could fix most of economy and society problems, at the expense of the enviroment, which can be fixed with better technology, which will be developed if this could be turned into the real problem, but since it is a very not very bad problem today its not profitable, and company's will not work to fix enviromental issue's, also i see as robots and more automation as a fix for environmental fixing since it will require more labor and dedication that any comunity could have for generations
gpd is a measure of spending, it is equal to government spending + private investment + private consumption + net exports. ceteris paribus, if the money supply decreases by 20% this will also cause a pretty much instantaneous decrease in 20% of the gdp( at least in nominal terms), but will also cause the prices to go down, causing the consumer price index to go down, and since cpi is used as a deflator for the REAL gdp this will cause the real gdp to go up, but this takes a lot more time to happen
Cool videos from you, thanks! One wish I would have had for this video is a bit explaning the example of Japan, as they had a really long period of deflation.
I initially wanted to explain both the Japan Lost Decades and Great Depression on this video, but the video would be too long. So, instead, I will make other videos for those :)
Depends on who "we" is. Japan had a huge deflationary crisis starting in the 1980ies and still depressing the economy around 2010. China is in a deflationary crisis right now (2024) as the real estate market colapsed and foreign investment dried up. So these fears are real.
Yes, but only to those who have stacked lots of money to begin with; in that case still the richest among us, we have to keep paycheck steady to ensure ourselves that we have enough money to spend for our basic needs. Because in generating less product means fewer option and accessibility to product/service, thus after all of this end would mean centralization of remaining share of economy into the holds of very few corporations that are able to survive through own canibalization as a means to financially sustain themselves.
Hey, your videos are very well done and funny with the comics of the little characters (They make me laugh lol), you truly deserve more subs, and they will arrive :) Keep your voice, its better to hear a human rather than a robotic AI voice :) Maybe as a future idea for a video, you could talk about how and why Argentina went on default like 6/7 times.
The best/worst part of this kind of economical/social problems, is that no matter what, being poor is horrible and most governments/big business don't care... Or they will just attempt to lie about them not knowing...
While circumstances are a factor being poor is also a choice, you can get out of poverty if you really wanted to......but you actually have to work as well
@@truckercowboyed2638 oh come this is a lazy argument not looking into the issue you didnt even try to understand you just said "theyve shouldve done better" and? You give away many governments logic, completely sterile and passionless.
@@nickwilde2569 yeah people like to say its "cause theyre stupid and thus deserve it" or that somehow theyre "lazy" so they should work themselves to death, to be rich you need to have opportunities not just hard work and hard work. People say like its easy while its so ignorant. Hard work is a cope. Take it away from people i know which worked hard and never got anything out of it so its infuriating to hear people talk again about things they have no clue about.
Governments love inflation, they get to rob the value indirectly from the people without calling it a tax, making everyone poorer in the process except for those that get to use the money first.
I believe that the current voice is good(curious if its you) but i miss the welcoming "hey there" otherwise ill advise you to continue listening to the comments, changing appropriately to fit demands.but dont let ppl pull you down
the optimal would be slight deflation over time, if the supply of money stays the same then an increase in producticity and technological inovation should cause prices to go down every year. if deflation is to high and people start delaying their purchases because of this, then productivity would fall and prices would go up again, its a negative feedback loop that regulates itself. during the late 19th century the us had an average of 2% deflation per year that was caused by rapid economic growth and inovation while it was on a relatively strict money supply with gold.
Grate video mate, but you forgot one key factor. The economy is inflationary by default. Just the concept of asking you when youll prefere me to give you 100$ now or in the future, you'll as a rational being should choose now, so giving the same money later, should give a premium, that premium is the base of why a normal economy should always be inflationary. So, deflation is not just about goods getting cheaper, is mostly , going against of the fabric of how money and capital works
in fact its the opposite, the economy is naturally price deflationary, if the supply of money stays the same and the amount of goods and services increases over time due to productivity and technology, this will cause the prices of things to go down. during the end of the 19th century between 1870 and 1890 the us had constant 2% price deflation per year while production grew tremendously and the supply of gold, which was money at the time, grew at a very slow rate, it was one of the periods of greatest growth of living standards of the population while they had around 40% deflation after the period of 20 years.
Another MAJOR cause of deflation is an increase in productivity, more so than the money supply. Leading to increased supply against the amount of money.
Thank u very much for this informative video and all ur other videos !!😊 In our world of 'instants', I must say, this kind of content is just one helpful benefit of the internet. Instant learning indeed!
Thanks for making the video I expected haha 😅 Can you also make the video about the pros and cons of the economy if the local currency is pegged to a strong currency like the USD?
Well, I mentioned briefly in the currency video that the country's currency and economy will depend too much on the US or stronger economy. So, the country can't just strengthen or weaken their currency based on their situation. On sovereignty case, that country seems like already has no sovereignty over its own currency, which is not really good 😅
Hey this is my first video of yours but I definitely suggest using your real voice. It can create a more immersive experience and helps the viewer connect
If we hypothetically stopped using cash in our lives and returned to currency with their own intrinsic value (gold, silver, ...) wouldn't we resolve these issues? Central bank would also not have to manage interest rate.
It will cause deflation money is the representation of service and goods, our development as society was made thanks to the fiat money and this system, also the government and taxes are bad thing's, but for sure they contribute to create this kind of society, even in a anarchist world we could have governments to deal with threats and comunity problems, the actual problem of the form of governments today is that no one can opt out like what happen today with the catholic church
Just think about it if one comunity lets say the size of a country has problems with some kind of bandits or another country or drugs dealer, etc they could just fund a cause to fix that and create a volunteering tax, like you are not obligated to contribute for it also theres no minimum or maximum amount of contribution but that money will be used to fix stop of fix the threat, you can also make your own defense system 😉
People will not need to vote for the most charismatic or the one with brightest promisses it could happen once in a while but the ones who get the best service of country protection etc will prevail and compete for the better services
If in the past 50 years purchasing power had decreased by 400% due to money printing, why would 5% deflation each year be a problem in order to bring back the purchasing power which was no problem in 2010-1990
I'm sorry can anyone explain this bit... If people don't spend money during deflation and it keeps spiraling... Where does the money goes actually then?
Coming up, I promised too many things even before the fiat money, so I needed to fulfill those first 😅 But don't worry, I will definitely make the fiat money video!
"Muh capital goods industries propped up by inflation created by the government in the boom years collapse causing falling prices, therefore deflation bad!" Not the best take.
why doesn't the government just give money to the most important part of the economy like the rubber factory instead of lowering interest rates and stuff
hello sir. im from bangladesh, ive been watching all the videos of yours. And im really greatfull for this.i love the education ,cant thank you enough.i dont know what to say , learing what i couldnt from school and college, i have hope many people like me will learn and understand about economy and money management,, im really greatfull to you waiting to learn more , thank you ☺☺☺☺
The problem with deflation is the longer you hold on to your money, the richer you will be! But that causes everything to drop in price cause nobody is buying anything anymore, which makes the cycle even worse. Plus why would you spend your money if whatever you buy is just gonna lose it's value?
Thanks for watching!
A quick reminder: all my videos have subtitles if you want to read along. If you enjoyed the video, please like, comment, and share with your friends so more people can learn. Don’t forget to subscribe for more content!
I’d also love to hear your thoughts, ideas, and suggestions! Feel free to share them here!
REMINDER: I will not force nor recommend any investments! This video is for educational purposes and you should make your financial decision wisely with considerations and not solely based on this video.
Thanks once more for your support!
Umm captions aren’t working pls fix
Oh yeah thx for the bitcoin I will buy bitcoin on my descions not because you told me thx I know how it works and inflation
Sorry, RUclips recently got errors that don't let me put subtitle, maybe tomorrow can be fixed 😢
@MuhammadAftab-pu5kf That’s great! Yeah, you must be careful and remember to be careful and learn more about Bitcoin! Good luck
Umm I have question in the middle of the night
we no longer have the ai voice yay
The bad news is, people are complaining about the human voice 😅Yeah quite confusing hehehe
@@Explains101 I love the AI voice saying "Hey there!" at the start of video. It's quite iconic imo. Maybe for next video, put AI "Hey there!" at the start and use human voice for the rest. ♥your content!
@@Explains101 can u change it it's better pls bro
@@Explains101trust me this is so much better the ai was hard to listen to
I have heard the ai voice so much that I began to prefer it over any other voice because of the consistency of the tune... or something I don't know I just llike it
Low levels of deflation, like
this channal is truly underrated
Deflation is only a problem if it is exccesive. But we could have -3% to +3% without any issues.
I have never bought it the deflationary spiral argument. That's not how consumers behave!
For example. You can save money for 4 years and buy a car, or you can borrow the money and buy it now.
Most people chose the buy it now, even though it's considerably more expensive because you have to pay high interest rates.
Time is an important factor for taking purchase decisions.
So if people is happy to borrow debt a high interest rates (9-12%). A low deflation rate (around -3% for example) should not be any different.
The problem with your idea is that salaries will have to continously go down , and nobody will accept that , usually presidents candidates talk about salaries going up what will they promise now? Less work required per hour?
@ageofampire2 depends on the cause of this deflation. If it was caused by productivity improvement or tax reduction, then salaries don't need to go down nominally.
@@miachmif the products price lower then comercial increase and state tax lowers as well , at one point the government will have to print way more money to pay the retirements , it would get to the point where the government will calculate at what age you should retire and at what age you die in order to not have people that get 1000 euro per month while a bread is half a cent
@ageofampire2 you are assuming than deflation will remain forever. I put a range between -3 to +3%. Some years you will have inflation and others deflation.
What it matters is to have price stability so you can plan long term.
@@miachmthat is probably ideal , but then you will have a stale economy , the rich are rich and the poor are poor , it would force everyone to focus on best paying jobs
Im feeling like I already watched this even though it's uploaded exact 10mins before.
Deja Vu?
Maybe you just watched the inflation video? 😊
I also feel that i watched this before with the same script in another video
Plz bring back the ai voice no ofence
deflation for the 2nd and 3rd reason wouldn't be so bad, if losing your job wasn't so devastating to an individual. and really it shouldn't be, but this is the world we live in. if only we knew a better way to motivate people to work than the threat of poverty or violence.
Thats why UBS is better than government health care and social program's, while these programs tend to create people who lives in very poor conditions, also makes the economy less efficient, just stop to think about it that UBS will make a lot of difference in the life of the poor but will make no diference to the rich, the problem with UBS is that it will create a lot of demand for basic items but the motivational for people to work will be efford better food better house, better healthcare, today we have people who begs for any Healthcare and any food or wather wille, theres no scarcity of thoso goods, it may induce a boost in population which is not good 😐, but it could fix most of economy and society problems, at the expense of the enviroment, which can be fixed with better technology, which will be developed if this could be turned into the real problem, but since it is a very not very bad problem today its not profitable, and company's will not work to fix enviromental issue's, also i see as robots and more automation as a fix for environmental fixing since it will require more labor and dedication that any comunity could have for generations
Okay, but what if you deflate the money supply by 20% and the GDP only deflates by 16%? Isn't that good for the economy?
Gdp is always corrected with inflation/deflation
gpd is a measure of spending, it is equal to government spending + private investment + private consumption + net exports. ceteris paribus, if the money supply decreases by 20% this will also cause a pretty much instantaneous decrease in 20% of the gdp( at least in nominal terms), but will also cause the prices to go down, causing the consumer price index to go down, and since cpi is used as a deflator for the REAL gdp this will cause the real gdp to go up, but this takes a lot more time to happen
At last it finally out I have been waiting for the video all weeks. Thks
Cool videos from you, thanks! One wish I would have had for this video is a bit explaning the example of Japan, as they had a really long period of deflation.
I initially wanted to explain both the Japan Lost Decades and Great Depression on this video, but the video would be too long. So, instead, I will make other videos for those :)
@@Explains101 Ah, perfect, thanks :D
In all honesty, we've got 0 risk of ever experiencing deflation. The powers that be wont allow that
Many countries have experienced deflation in last 20 years, so your argument is invalid.
@Ocato92 having deflation happen for .001 seconds in Pakistan doesn't count
Depends on who "we" is. Japan had a huge deflationary crisis starting in the 1980ies and still depressing the economy around 2010. China is in a deflationary crisis right now (2024) as the real estate market colapsed and foreign investment dried up. So these fears are real.
@@Ocato92not really
Actually, even if its tiny. In slovenia, theres a -0.02% inflation, so 0.02% deflation
Well, if the goverment stop printing money, there will be deflation, but the profit will not be lower necessarily, because the money value is higher.
Yes, but only to those who have stacked lots of money to begin with; in that case still the richest among us, we have to keep paycheck steady to ensure ourselves that we have enough money to spend for our basic needs. Because in generating less product means fewer option and accessibility to product/service, thus after all of this end would mean centralization of remaining share of economy into the holds of very few corporations that are able to survive through own canibalization as a means to financially sustain themselves.
Explains 101 real fans where are you!!!!
Yoohoooo ❤
Hey, your videos are very well done and funny with the comics of the little characters (They make me laugh lol), you truly deserve more subs, and they will arrive :)
Keep your voice, its better to hear a human rather than a robotic AI voice :)
Maybe as a future idea for a video, you could talk about how and why Argentina went on default like 6/7 times.
I love your videos, you are making me (the IT guy) understand finance and economy better. Thanks for all your time and efforts. 😊
The best/worst part of this kind of economical/social problems, is that no matter what, being poor is horrible and most governments/big business don't care... Or they will just attempt to lie about them not knowing...
While circumstances are a factor being poor is also a choice, you can get out of poverty if you really wanted to......but you actually have to work as well
@@truckercowboyed2638if thats the case how come all the impoverished people i know work 80+ hours a week?
@@truckercowboyed2638 oh come this is a lazy argument not looking into the issue you didnt even try to understand you just said "theyve shouldve done better" and? You give away many governments logic, completely sterile and passionless.
@@nickwilde2569 yeah people like to say its "cause theyre stupid and thus deserve it" or that somehow theyre "lazy" so they should work themselves to death, to be rich you need to have opportunities not just hard work and hard work. People say like its easy while its so ignorant. Hard work is a cope. Take it away from people i know which worked hard and never got anything out of it so its infuriating to hear people talk again about things they have no clue about.
@@truckercowboyed2638 you need to find opportunity but it doesnt mean you will always be given a chance, work only matters when you have it.
Thank you for your video! I study econ at Uni and i can say that your explanation is clearer.
Very Easy to understand
I like it how people think that inflation directly control prices when, to simply put, is just an add-on to the prices like service charge tax
Governments love inflation, they get to rob the value indirectly from the people without calling it a tax, making everyone poorer in the process except for those that get to use the money first.
I believe that the current voice is good(curious if its you) but i miss the welcoming "hey there" otherwise ill advise you to continue listening to the comments, changing appropriately to fit demands.but dont let ppl pull you down
Thanks for your suggestion! I will consider it, thanks 😊
Wouldnt 0% inflation be optimal?
the optimal would be slight deflation over time, if the supply of money stays the same then an increase in producticity and technological inovation should cause prices to go down every year. if deflation is to high and people start delaying their purchases because of this, then productivity would fall and prices would go up again, its a negative feedback loop that regulates itself. during the late 19th century the us had an average of 2% deflation per year that was caused by rapid economic growth and inovation while it was on a relatively strict money supply with gold.
Grate video mate, but you forgot one key factor.
The economy is inflationary by default. Just the concept of asking you when youll prefere me to give you 100$ now or in the future, you'll as a rational being should choose now, so giving the same money later, should give a premium, that premium is the base of why a normal economy should always be inflationary.
So, deflation is not just about goods getting cheaper, is mostly , going against of the fabric of how money and capital works
in fact its the opposite, the economy is naturally price deflationary, if the supply of money stays the same and the amount of goods and services increases over time due to productivity and technology, this will cause the prices of things to go down. during the end of the 19th century between 1870 and 1890 the us had constant 2% price deflation per year while production grew tremendously and the supply of gold, which was money at the time, grew at a very slow rate, it was one of the periods of greatest growth of living standards of the population while they had around 40% deflation after the period of 20 years.
en.wikipedia.org/wiki/The_Great_Deflation
Can you make video on the trading "exchange rates" thing?
Btw i LOVE your content, and i believe your channel will grow very much
Another MAJOR cause of deflation is an increase in productivity, more so than the money supply. Leading to increased supply against the amount of money.
Deflation had a limit. When it reaches the limit, it is constant. Inflation had no limit. It can go infinity.
True
I think the best way is to use both voices. Use AI's "Hey there!" and your voice for actual content
Love your content btw!
Man I love your videos man it teaches so much financial knowledge
You make the concept so easy to understand thankuuuwww 😘
Never heard of a deflation in 33 years it's not profitable for banks/countries that's why inflation always high
bro your videos are awesome. keep making them.
I wonder why you have such few followers, your videos are amazing
your channel looks prospering
Thank u very much for this informative video and all ur other videos !!😊
In our world of 'instants',
I must say, this kind of content is just one helpful benefit of the internet. Instant learning indeed!
Thanks for making the video I expected haha 😅
Can you also make the video about the pros and cons of the economy if the local currency is pegged to a strong currency like the USD?
Well, I mentioned briefly in the currency video that the country's currency and economy will depend too much on the US or stronger economy. So, the country can't just strengthen or weaken their currency based on their situation. On sovereignty case, that country seems like already has no sovereignty over its own currency, which is not really good 😅
Bro deserves more views
0 inflation is historical- GDP of countries are already established, establishes further. Devaluation/Deflation are "CONTAINED" Assets Supplies.*****
Buy Low and Sell High 😎🤖
I learned a lot from this one video. It was very interesting. I will check out your inflation video too. Also, I subbed :)
Hey this is my first video of yours but I definitely suggest using your real voice. It can create a more immersive experience and helps the viewer connect
Could you please explain why during this current so called "recession" prices are going up and not down?
Corporate greed and need to please share holders
Inflation affects mostly consumers while deflation affects mostly producers
Great video.
Please what's the name of the background music
Your voice is clean
glad you use your voice!
The only good deflation is because technology innovation
If we hypothetically stopped using cash in our lives and returned to currency with their own intrinsic value (gold, silver, ...) wouldn't we resolve these issues? Central bank would also not have to manage interest rate.
See but countries like printing free money 😂
It will cause deflation money is the representation of service and goods, our development as society was made thanks to the fiat money and this system, also the government and taxes are bad thing's, but for sure they contribute to create this kind of society, even in a anarchist world we could have governments to deal with threats and comunity problems, the actual problem of the form of governments today is that no one can opt out like what happen today with the catholic church
Just think about it if one comunity lets say the size of a country has problems with some kind of bandits or another country or drugs dealer, etc they could just fund a cause to fix that and create a volunteering tax, like you are not obligated to contribute for it also theres no minimum or maximum amount of contribution but that money will be used to fix stop of fix the threat, you can also make your own defense system 😉
People will not need to vote for the most charismatic or the one with brightest promisses it could happen once in a while but the ones who get the best service of country protection etc will prevail and compete for the better services
Awesome video. By the way, a human voice is always better than an AI voice. Stick with it!
Finally a new video
Wow another great video as always
I love the flowers on some of the character's heads. Such a cute way to describe that the character is female 😆
If in the past 50 years purchasing power had decreased by 400% due to money printing, why would 5% deflation each year be a problem in order to bring back the purchasing power which was no problem in 2010-1990
Bro you are the GOAT the GOAT, very interesting topic with awesome style as usual, keep it up man
The problem is that we weren’t expecting it.
9:35 the best but also the hardes way to fix that is optimization same for inflation
This is so cool ❤, I feel smarter a bit 😅
Deflation in energy can allow for an economy to grow
What would an economy be like without a central bank?
much better
it feels like nerd explaining this video than chad explaining this video😆
🤓
goat channel
Yay, New video!
Keep uploading
I miss the AI voice, it somehow makes my day
I like the new voice!
if inflation goes negative ill finally buy some eggs
I'm sorry can anyone explain this bit... If people don't spend money during deflation and it keeps spiraling... Where does the money goes actually then?
it doesnt go anywhere. People would hoard money and be discouraged to work or spend much
I'm Waiting for Fiat money explanation video???
Coming up, I promised too many things even before the fiat money, so I needed to fulfill those first 😅
But don't worry, I will definitely make the fiat money video!
@Explains101 yes sir 🫡
I love the humor 😅
What if inflation is paralyzed in 0%?
Money and currency doesn't necessarily need to be existed in the first place?
COVID 19 was my best decisions going spending spree after years of saving, buying that i wanted to own. Everything deflate cost to 70% discount.
nice bro
I hope one day you become my teacher
Yeyyyyy another vedio ❤️❤️❤️❤️❤️
WeeWee Shoes Corporation in almost every video😂😅💟
Nice video 😊
"Muh capital goods industries propped up by inflation created by the government in the boom years collapse causing falling prices, therefore deflation bad!"
Not the best take.
I didn't even notice his voice changed !!!!
Minus inflation is kinda wierd
Nah, it's deflation 🙂🙃
I liked Ai better (no offense) it just made the videos more funnier..
Deflation is bad because the economy will be so cheap people wont work as money is eaiser
Like Japan, the Japanese people are unwilling to spend that caused businesses' revenues to go down and yeah deflation
More like can't work but do go on goofball
"Undoing population suppression is bad and can't be done"
The solution is make things automatic to a manufacturing company.
why doesn't the government just give money to the most important part of the economy like the rubber factory instead of lowering interest rates and stuff
hello sir. im from bangladesh, ive been watching all the videos of yours. And im really greatfull for this.i love the education ,cant thank you enough.i dont know what to say , learing what i couldnt from school and college,
i have hope many people like me will learn and understand about economy and money management,, im really greatfull to you
waiting to learn more , thank you ☺☺☺☺
Subtitle please
Already put 😊
RUclips needs about 1 day to allow me to publish the subtitle...
I only noticed now he changed the voice 😭
Well before it was a ai voice now it’s his actual voice
what if inflation goes down to affordability and then it stagnates then what?
I like the real voice
today is a recession? its inflation in the last months right?
Nahh man, old voice was way better 😅
You're AI brained...
Instead getting taxed by the goverment, the goverment give us money instead.
Like if you agree that the old AI voice was better. Still, very good video.
WE WANT THE AI VOICE BACK
so in other words to beat deflation just print more money 😂
You need money in order to print money! If the government had no money, they wouldn't be able to print money. 😂
yay human voice nice
dont worry people.. deflation will not happen...
Right now the world would rather have recession than hyper inflation 😂 companies do not like it though
The problem with deflation is the longer you hold on to your money, the richer you will be! But that causes everything to drop in price cause nobody is buying anything anymore, which makes the cycle even worse. Plus why would you spend your money if whatever you buy is just gonna lose it's value?
How about Stagflation
insert obligatory pyrocynical joke here