Re:Former President Trump is projected to win the presidency
by rdlw on Wednesday November 06, 2024 @02:11PM
(#42067640)
I never got this line of thinking. I'm already disincentivized from spending because simple investments are likely to outpace inflation. That's a good reason to save as much as I can, but I still buy things, and it's not like I can put off buying food for a year so that prices drop. What's so different about this incentive to save and it being a part of the economy?
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Re:Former President Trump is projected to win the presidency
by bluedevil2k on Friday November 08, 2024 @05:47PM
(#42091083)
HN crowd, with our stock portfolio, is not like most Americans whose only savings are in bank accounts.
Re:Former President Trump is projected to win the presidency
by rdlw on Saturday November 09, 2024 @01:53PM
(#42096148)
Yes, because most people spend most of their money. I'm saying deflation seems unlikely to change that, since a strong incentive to save money already exists, in the form of retirement fund.