3 ms·
During normal times you'd be correct. But bear in mind that inflation is (or was) near 0% during the recession. A certain amount of inflation is necessary for
by j_baker 15y ago
During normal times you'd be correct. But bear in mind that inflation is (or was) near 0% during the recession. A certain amount of inflation is necessary for the economy and is much less scary than getting stuck in a deflationary cycle like what we saw during the Great Depression.