4 ms·
The justification given in my macroeconomics class is the government wants money to circulate through the economy (lending and investing, leading to growth) rat
by spiffytech 4y ago
The justification given in my macroeconomics class is the government wants money to circulate through the economy (lending and investing, leading to growth) rather than sitting stagnant in someone's savings account.
So they need to make money worth less over time if you just hold onto it.