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Who wouldn't like prices to start falling? Careful what you wish for, economists say

6 Comments
By PAUL WISEMAN

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6 Comments
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How so? Mainly because falling prices tend to discourage consumers from spending. Why buy now, after all, if you can purchase what you want — cars, furniture, appliances, vacations — at a lower price later?

This old chestnut is brought out again and again and is total BS!

-5 ( +3 / -8 )

FILE - "Plastic bottles of Pepsi are displayed at a grocery store in New York on Nov. 15, 2023."

Do not buy Pepsi and then, any increase in the price will go unnoticed. There is absolutely no reason to consume that vile slop.

-3 ( +4 / -7 )

3RENSHOToday 07:14 am JST

FILE - "Plastic bottles of Pepsi are displayed at a grocery store in New York on Nov. 15, 2023."

Do not buy Pepsi and then, any increase in the price will go unnoticed. There is absolutely no reason to consume that vile slop.

You must be a real treat at parties.

3 ( +6 / -3 )

This old chestnut is brought out again and again and is total BS!

The worst part is that they use a consumable good in the photo!

Nobody is putting off drinking some Pepsi (or anything; even something healthier) today because it will be cheaper a few months from now.

Even with durable goods, future price decreases won't be enough to get you to put off the purchase if it's more valuable to you to have it now and get more utility out of it.

The inflation-loving corporate-rentier-class propaganda just never stops, does it? Good thing the public sees right through it, or they wouldn't have to bombard us with it all the time.

-1 ( +1 / -2 )

Deflation is inevitable. Technology drives deflation. Inflation is good for a very specific group of people. Guess who they are.

0 ( +1 / -1 )

It's correct, that the system is based on steady growth, inflation and positive interest rates. In so far I would agree to the theoretical part. But in practice , whatever bad the long deflation period had been or is considered, it was still a better daily life with stagnating wages at sinking prices, compared to now with rapidly increasing prices while the wage raises are only moderate, if there even are any in smaller and mid-range companies. So finally the practice counts, or let's say the feelings when we all are paying the smaller and smaller baskets at the supermarket's cash register.

-1 ( +0 / -1 )

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