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How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?
(lemmy.dbzer0.com)
this post was submitted on 22 Jul 2023
452 points (96.7% liked)
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I agree, it’s only natural a house would decrease in value after it’s been built. Just like cars or anything else. You could mitigate that by renovating etc of course.
Thats depreciation, not deflation.
Well yes. I have a cold and can’t think but I mean inflation makes the price go the other way.