5 ms·
> suffered through a very long period of low inflation Why do you say "suffered?" For my personal finances, low/no inflation seems like a very good thing. My s
by redblacktree 10y ago
> suffered through a very long period of low inflation
Why do you say "suffered?" For my personal finances, low/no inflation seems like a very good thing. My saved money doesn't decrease in value.
- PrimalDual 10y agoThe negative effects of low inflation are well documented. You can see Japan as an example. Low inflation has perverse incentives that hamper employment and econmic growth. Essentially low inflation is good for the consumer until they lose their job.