Many farmers and produce growers are reeling from a sudden increase in costs due to the effective closure of the Strait of Hormuz - and it's set to feed into prices on supermarket shelves.
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?
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?