this post was submitted on 30 Nov 2025
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Chapotraphouse

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[–] WokePalpatine@hexbear.net 41 points 3 days ago (3 children)

Ironically, falling prices can both signal a recession and trigger one.

There it is.

[–] Ishmael@hexbear.net 35 points 3 days ago (1 children)

I love how economists can say this and also say that capitalism is the best system possible in the same breath

[–] miz@hexbear.net 24 points 3 days ago (1 children)
[–] SacredExcrement@hexbear.net 19 points 3 days ago

We never moved past reading tea leaves

(all this shit definitely isn't made up btw)

[–] PKMKII@hexbear.net 9 points 3 days ago

Yeah the deflationary death spiral. Although the deflation of prices is usually the symptom of economic crisis rather than the cause. I saw a chart of the purchasing power of a dollar across the 20th century, and the peak was during the Great Depression.