Consumer items that are high quality and last long will be much more valued when money has a long term value.
I mean this both "culturally" and literally people will buy less and higher quality because they aren't incentivized to get rid of their depreciating money asap.
I could give many examples but just a few things to give you an idea what I have in mind: buying a cast iron pan for 80 years instead of teflon every 5 years. Buying 100% linen or 100% cotton shirts instead of throwing away the polyester fashion every 2 years. Getting the floor out of wood/tiles instead of laminate floating tiles. Stuff like this in all corners of life
Consumer items that are high quality and last long will be much more valued when money has a long term value.
I mean this both "culturally" and literally people will buy less and higher quality because they aren't incentivized to get rid of their depreciating money asap.
I could give many examples but just a few things to give you an idea what I have in mind: buying a cast iron pan for 80 years instead of teflon every 5 years. Buying 100% linen or 100% cotton shirts instead of throwing away the polyester fashion every 2 years. Getting the floor out of wood/tiles instead of laminate floating tiles. Stuff like this in all corners of life