Excellent point - Low inflation is a good thing - it is a sign of a properly functioning economy. A dollar today should be worth more than a dollar tomorrow.

Excellent point - Low inflation is a good thing - it is a sign of a properly functioning economy. A dollar today should be worth more than a dollar tomorrow. Too much inflation is not a good thing is usually sign of systemic failures of trust in a system. The two stages are usually conflated in many discussions.