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But inflation of a currency is a good thing. Hyperinflation and deflation are the things you want to avoid.
by AlexMax 10y ago
But inflation of a currency is a good thing. Hyperinflation and deflation are the things you want to avoid.
- freework 10y agoWhere do you draw the line between inflation and hyperinflation?
- undersuit 10y agoDo you want to spread panic or temper it?
- paavokoya 10y agoInflation is only necessary when resources and population are inflating. Because money represents current value in the economy, that amount decreases through consumption or increases from new-found resources. Sometimes deflation is necessary to maintain a balanced money.