okwithmydecay@leminal.space to United Kingdom@feddit.ukEnglish · 6 days agoWarning food prices are set to spike in the UK due to Iran warnews.sky.comexternal-linkmessage-square19linkfedilinkarrow-up171arrow-down11
arrow-up170arrow-down1external-linkWarning food prices are set to spike in the UK due to Iran warnews.sky.comokwithmydecay@leminal.space to United Kingdom@feddit.ukEnglish · 6 days agomessage-square19linkfedilink
minus-squareTheWolfOfSouthEnd@lemmygrad.mllinkfedilinkEnglisharrow-up1arrow-down1·6 days agoThat would mean negative inflation, which probably wouldn’t be great for the economy.
minus-squareDenjin@feddit.uklinkfedilinkEnglisharrow-up2·5 days agoYeah, 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?
That would mean negative inflation, which probably wouldn’t be great for the economy.
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?