Comment on China consumer prices plunge at fastest rate for 15 years as deflation fears deepen
Cruxifux@lemmy.world 7 months agoWhat? I’ve never in my life heard of anyone holding off on their eating habits because they thought food was too cheap. Where are you getting this information?
PhlubbaDubba@lemm.ee 7 months ago
It’s not the “too cheap” it’s the sudden very noticeable drop in price, and if they don’t notice at first, the continued drop in price to match the deflated currency value
Cruxifux@lemmy.world 7 months ago
So am I understanding then that you’re not talking about average consumers but bulk buyers?
PhlubbaDubba@lemm.ee 7 months ago
No them too, you’re not gonna see people willingly starve themselves in this pattern but you will see them go out of their way to avoid spending more than they have to on it
You’re trying to assume that the entire premise is invalid because people will naturally have different spending habits for necessity, comfort, and luxury goods.