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this post was submitted on 21 Sep 2023
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I'm asking because if deflation happens the only jobs that are safe are essential services. Want to end up with 15%+ unemployment? Wish for deflation.
maybe but I have been around for awhile and all I notice with high unemployment is the serialization gets higher but often it seems like the work still needs to get done. They try to clean house and replace with cheaper but then things don't do so well and they start filling with quality and rinse and repeat.