2 ms·
On an selfish/individual level it’s rational to prefer no inflation or even deflation if you have a lot of cash and no debt. For the economy as a whole? Well i
by wqaatwt 2y ago
On an selfish/individual level it’s rational to prefer no inflation or even deflation if you have a lot of cash and no debt.
For the economy as a whole? Well it leads to a lot less debt amongst other things constant economic depressions (like back in the 1800s)