3 ms·
In the past 100 years we've had conservatively 17 recessions (not including the current one) lasting 17 years 11 months total time (18% of the time), and with 1
by Atlas22 4y ago
In the past 100 years we've had conservatively 17 recessions (not including the current one) lasting 17 years 11 months total time (18% of the time), and with 1,691% inflation...
And that includes all the adjustments to how they calculate CPI they like to include almost every recession to make it look less bad.
- ivalm 4y agoWhat’s wrong with inflation? We want to encourage growth & investment rather than hoarding of money, inflation is good because it punishes hoarders. Recessions and bubbles occur more often in unregulated economies.