• shortwavesurfer@monero.town
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    1
    ·
    7 months ago

    Even with a slightly deflationary currency, people still need to pay their mortgage, electricity bill, buy groceries, etc. So it’s not like money won’t move at all. Because something tells me that people don’t want to sleep in boxes and would like to be able to eat.

    • 800XL@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      7 months ago

      They don’t invest it or spend it on things like luxuries though, and that’s how the health of an economy is measured.