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You can expect inflation as you grow the money supply. Inflation is good. Runaway, uncontrolled inflation is not. We have not had, nor do we have now, runaway i
by datavirtue 5y ago
You can expect inflation as you grow the money supply. Inflation is good. Runaway, uncontrolled inflation is not. We have not had, nor do we have now, runaway inflation. You have to grow the money supply as the population and productivity increases. Most of the talk and reporting on inflation is just silly.
- landemva 5y agoInflation is not good for savers who do not want to be speculators. Inflation is not good for those on fixed incomes like retirees.