3 ms·
True, there is certainly a level of healthy or optimal inflation. Careful though, trade is only useful if people are willing to spend their money on it. If they
by washedup 14y ago
True, there is certainly a level of healthy or optimal inflation. Careful though, trade is only useful if people are willing to spend their money on it. If they choose to hold their money because they believe that the good/service/trade isn't beneficial to them or others, they should hold their money or put it somewhere else. If society decides that the good/service/trade isn't beneficial to itself, then it will work to extinguish it. It is dangerous to create artificial demand. I don't think society should be so afraid of losing jobs or industries, because it frees up labor and resources that can be devoted to more important ventures (importance in society's eyes, which isn't always the optimal solution, but adequate. Similar process that happens in evolution).