this post was submitted on 19 Aug 2024
1496 points (99.0% liked)
memes
10406 readers
1758 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Macroeconomics 101 would tell you no, prices won't go down because prices are sticky. Like your salary for example, just because a business is doing poorly your wage won't go down.
I won't get into the weeds about it, but if Ukraine was magically restored tomorrow, prices wouldn't go down but it would help prices from going up faster.
If we see prices go down that's a bad thing, and we are in for a rough time.