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>you're never shielded from inflation It seems to me that inflation is integral to success of the system. That is to say, without inflation, far fewer people w
by mental1896 5y ago
>you're never shielded from inflation
It seems to me that inflation is integral to success of the system. That is to say, without inflation, far fewer people would "win".
- MerelyMortal 5y ago> without inflation, far fewer people would "win". Wouldn't it also be: without inflation, the people not playing wouldn't "lose"?
- ziml77 5y agoWithout inflation, people would naturally hoard their money for safekeeping. But money that isn't changing hands effectively doesn't exist. An economy is made up of the movement of money, so inflation is used to ensure that people keep the money moving.