It’s bad - why would you bit something today of its cheaper next week? Not everyone will wait, for sure, but the affect is a significant break on the economy.
To be clear, my understanding is it’s bad if it goes on for several quarters/years sort of thing, not bad for happening once.
It’s also extremely bad if it’s being intentional by the govt, such as the case in China to keep their manufacturing and exports available at low cost to external vendors.
That keeps the population dirt poor and unable to afford a reasonable living.
It’s bad - why would you bit something today of its cheaper next week? Not everyone will wait, for sure, but the affect is a significant break on the economy.
Because I need it? To me it seems we seriously need to speak about asset inflation separately from cost of living and everything else.
To be clear, my understanding is it’s bad if it goes on for several quarters/years sort of thing, not bad for happening once.
It’s also extremely bad if it’s being intentional by the govt, such as the case in China to keep their manufacturing and exports available at low cost to external vendors.
That keeps the population dirt poor and unable to afford a reasonable living.
Not going to buy my groceries today because I can wait a week.