this post was submitted on 05 Sep 2026
203 points (97.7% liked)
memes
22593 readers
3014 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads/AI Slop
No advertisements or spam. This is an instance rule and the only way to live. We also consider AI slop to be spam in this community and is subject to removal.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Even 1% deflation will kill a good portion of investment and job creation. It drives up interest rates because the risk of lending money out is less worth it compared to letting it sit, so you have to earn more interest for it to be worth it. This drives up loan rates which means significantly fewer people find it worth it to borrow and start or expand businesses. The job market constantly loses jobs, but without new ones to replace them, people start losing work and then getting scared that they won't be able to find a new one. It is this environment that causes ordinary people to not spend. It's because they're scared of losing their jobs.