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Why??? My (very limited) understanding is that we like a small amount of inflation, to incentivize reinvestment into the economy/R&D/etc. If there’s no inflatio
by pinkmuffinere 1y ago
Why??? My (very limited) understanding is that we like a small amount of inflation, to incentivize reinvestment into the economy/R&D/etc. If there’s no inflation, you incentivize dragon-hoarding behavior
- jsbg 1y agothat's why no one every buys TVs
- wredcoll 1y agohonestly its a large factor for me personally when I look at buying a new tv!
- gweinberg 1y agoYour understanding is silly. Inflation or no inflation, you'd like to maximize your roi.
- pinkmuffinere 1y agoIn your bank account, do you hold cash? If inflation was higher, say at 10,000%, would you hold less cash? For many people the answer is yes, which shows that higher inflation incentives reinvestment