Money buys less over time.
Can pressure households, lift nominal prices, and push central banks toward tighter policy.
Comparison
Inflation vs deflation: prices are only the surface.
Inflation and deflation change purchasing power, debt pressure, wages, asset prices, central bank reactions, and Bitcoin narratives in different ways.
Prices fall, but debt may hurt.
Can sound good for buyers, but falling demand and heavier real debt burdens can be dangerous.
Narratives depend on context.
Scarcity matters, but liquidity, rates, dollar strength, and risk appetite still shape market behaviour.
This comparison is educational and not economic, investment, or financial advice.
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