© 2021 KOSU
Play Live Radio
Next Up:
Available On Air Stations

Hear: Who's Afraid Of Lower Prices?

Hear: Who's Afraid Of Lower Prices?

Today on Planet Money:

While the world waits for some election or other to finish up, a few key pricetags in the American economy continue quietly falling. Deflation means lower prices for you — and what could be so wrong with that? Um, a lot.

-- Jay Sachdev takes a break from getting out the vote in Nevada to ask why everyone's so afraid of deflation.

-- Maria Fiorini Ramirez says it's because inflation is so much easier to fix. With deflation, you're just rolling money downhill.

Download the podcast; or subscribe. Music today: Queen's "Bohemian Rhapsody." Get the opening clip in full. Follow our Twitter feed. Join our Facebook group.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

Laura Conaway
Hey! Did you enjoy this story? We can’t do it without you. We are member-supported, so your donation is critical to KOSU's news reporting and music programming. Help support the reporters, DJs and staff of the station you love.

Here's how: