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Lack of inflation is a problem for governments, since it's a form of stealth taxation. I don't see any historical evidence it's stagnating - at least in the US
by gozur88 11y ago
Lack of inflation is a problem for governments, since it's a form of stealth taxation. I don't see any historical evidence it's stagnating - at least in the US the periods of highest growth weren't accompanied by inflation.
Let me ask you this - as a user of currency, why would you want to use a currency that's worth less when you spend it than it was when you acquired it?