schizoidman@lemm.ee to World News@lemmy.worldEnglish · 20 days agoChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comexternal-linkmessage-square121fedilinkarrow-up1210arrow-down17file-text
arrow-up1203arrow-down1external-linkChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comschizoidman@lemm.ee to World News@lemmy.worldEnglish · 20 days agomessage-square121fedilinkfile-text
minus-squareubergeek@lemmy.todaylinkfedilinkEnglisharrow-up4arrow-down1·20 days agoThat would mean I need to work fewer hours, to buy the same things? If so, how is that bad?
minus-squareoce 🐆@jlai.lulinkfedilinkEnglisharrow-up3·19 days agoUsually when a company has less work over a prolonged period, it’s not just going to reduce worked hours, it’s going to reduce the number of workers.
That would mean I need to work fewer hours, to buy the same things?
If so, how is that bad?
Usually when a company has less work over a prolonged period, it’s not just going to reduce worked hours, it’s going to reduce the number of workers.