"good for the economy" is rather meaningless. High inflation is good for borrowers, and deflation is good for lenders. In order to say whether it is good or bad

"good for the economy" is rather meaningless. High inflation is good for borrowers, and deflation is good for lenders. In order to say whether it is good or bad, you have to have a metric to define good, and calculate it somehow. Some people have dismissed my comment but I think it's a lot more subtle than can be dismissed by "the flow of money drives the economy".