If prices kept going down, nobody would buy anything
That's why nobody owns a phone, TV or computer
If prices kept going down, nobody would buy anything
That's why nobody owns a phone, TV or computer
Exactly!
Or Levi’s
🤣 well said
"Spending would slow, the economy would be destroyed!!!! People need to be forced by inflation into buying things!!!"
Who will buy all the cheap Chinese crap if there are no wage slaves???
And by the same reasoning, why everyone owns their own home and car, and paid for college out-of-pocket.
A TV?
Or people would wait until something was better enough for it to be worth their money.
iPhones would come out very 2-3 years. Same with TVs, Cars, etc
Everyone knows people won’t eat today or heat their homes or bury their loved ones if it will probably be cheaper tomorrow