How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?

Melatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml – 453 points –
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I believe New Zealand was the first country to set the inflation target to 2%. So not sure what relevance the American inflation target has in this discussion. OP didn't say they were from the US. America probably followed New Zealand's lead.

Doesn't matter, America is the only country πŸ‡ΊπŸ‡²

US defaultism has made its way here from Reddit, I see.

I don't think it'd a reddit thing, it's an American thing.

They'll still do it even when they're in a minority.

The /c/news thing being US only really shits me though.