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Small inflation is feature not a bug. Imagine money gaining worth over time, no point to invest in anything creating something new, just hold it.
by montzark 5y ago
Small inflation is feature not a bug. Imagine money gaining worth over time, no point to invest in anything creating something new, just hold it.
- catlikesshrimp 5y agoAll governments agree with you. Specially Venezuela. Inflation is small until it is not. Inflation is a revenue system for a government.
- errantmind 5y agoThis is a poor argument that I see a lot. Do you really think everyone stops buying stuff when money slowly gains value? (If so, I'd say it would be a great way to address the climate crisis.)
- montzark 5y agoI'm talking about investing not buying "stuff". Letting someone to make good use of my money to create something and give me some in return.