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To wit, inflation only briefly dipped below 0 once, in '08, at -0.38%, possibly a rounding error. The value of money only goes down.
by R0b0t1 5y ago
To wit, inflation only briefly dipped below 0 once, in '08, at -0.38%, possibly a rounding error. The value of money only goes down.
- WalterBright 5y agoDeflation happened often in the US during the gold standard years.
- WalterBright 5y agoIt's not a matter of opinion, it's factual.
- R0b0t1 5y agoWe are no longer on the gold standard and have not been for ages.
- WalterBright 5y agoI didn't know that, thanks for letting me know.