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Not right after a steep inflationary period like we're living. Some deflation would actually be a concrete sign of things going back to normal. Slightly lower i
by coliveira 4y ago
Not right after a steep inflationary period like we're living. Some deflation would actually be a concrete sign of things going back to normal. Slightly lower inflation as we see will do little to help families for the next few months or years, and it is clearly inflationary.
- twixfel 4y agoRight, but central bankers aren't magicians, they thought this inflation was transitory, it's probably best not to play with fire and start deliberately aiming for deflation, given how dangerous deflation can be. Deflation is bad.