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Some level of inflation is good because it encourages investment, too high or too unpredictable is distortionary. Here are some explanations from the Jamaican
by codekansas 4y ago
Some level of inflation is good because it encourages investment, too high or too unpredictable is distortionary.
Here are some explanations from the Jamaican central bank, in the form of Reggae songs:
https://news.sky.com/video/jamaican-bank-releases-reggae-song-on-inflation-12058864 https://news.sky.com/video/jamaican-bank-releases-reggae-son...
https://www.npr.org/2019/02/08/692823677/how-jamaica-found-a-creative-solution-to-an-age-old-problem-for-central-bankers https://www.npr.org/2019/02/08/692823677/how-jamaica-found-a...
https://www.youtube.com/watch?v=ieRq4P1-yqY https://www.youtube.com/watch?v=ieRq4P1-yqY