Comment on Warning food prices are set to spike in the UK due to Iran war
TheWolfOfSouthEnd@lemmygrad.ml 2 months agoThat would mean negative inflation, which probably wouldn’t be great for the economy.
Comment on Warning food prices are set to spike in the UK due to Iran war
TheWolfOfSouthEnd@lemmygrad.ml 2 months agoThat would mean negative inflation, which probably wouldn’t be great for the economy.
Denjin@feddit.uk 2 months ago
Yeah, negative inflation is a short-cut to economic collapse. Imagine if you knew a thing you wanted to buy would be 10% cheaper in a week and 25% in two weeks. Why would you buy anything today?