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I always hear that there's inflation targets, and deflation and stagflation are both worse than inflation. In this sense, the price of things always goes up, bu
by vsareto 7y ago
I always hear that there's inflation targets, and deflation and stagflation are both worse than inflation. In this sense, the price of things always goes up, but so should wages. I don't know if economists plan on purchasing power always going up.
- wutbrodo 7y agoI don't think this is relevant. Prices and wages going up aren't growth. In fact, inflation represents a _devaluation_ of a unit of held currency. There's a reason everything is measured in real prices instead of nominal.