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It is my understanding that continuous inflation is a major goal of those working with the money supply, due to fears of a deflationary spiral. That the risks o
by isleyaardvark 14y ago
It is my understanding that continuous inflation is a major goal of those working with the money supply, due to fears of a deflationary spiral. That the risks of deflation are significantly worse than manageable inflation. (http://krugman.blogs.nytimes.com/2010/08/02/why-is-deflation-bad/ http://krugman.blogs.nytimes.com/2010/08/02/why-is-deflation...)
- pseut 14y agoPositive but low inflation.