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Okay but stop thinking in extremes for a second. Imagine I need a car and I hear there is a 30% off sale in January. Yes, I'll wait. Im considering the lost ma
by bobbydavid 13y ago
Okay but stop thinking in extremes for a second.
Imagine I need a car and I hear there is a 30% off sale in January. Yes, I'll wait. Im considering the lost marginal value to me (keeping my shitty car in December) vs marginal gain (saving 30%). That's what deflation feels like.
- runeks 13y agoBut as far as I can see, you wouldn't have bought the car without deflation (or a sale, as it were), because you couldn't afford it. So in this case it causes you to spend money that you wouldn't have spent otherwise.