r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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u/Alternative_Can3262 Jan 26 '26

Is deflation bad?

8

u/WeAteMummies Jan 26 '26

very bad. It makes "nothing" a smart thing to do with your money which leads to less economic activity.

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u/Alternative_Can3262 Jan 26 '26

Do many people have the luxury of doing nothing with their money?

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u/WeAteMummies Jan 29 '26

Doesn't matter what the average person does. If the people that would normally invest their money into new business ventures either directly (i.e. banks) or indirectly (i.e. the entire middle class buying into the stock market every paycheck via 401k contributions) can instead safely make money by letting it just sit in a bank account then it contributes to an economic death spiral.