I’ve been wondering this question for a while. Ignoring current events, why is a little bit of inflation desirable?

I do understand that it’s done to “stimulate” the economy so people don’t let their cash rot in a checking account, but isn’t it a zero-sum game? Everybody says that money is not meant to stay where it is, rather, should flow through the economy. But if the economy always needs injections of liquidity because otherwise it fails, isn’t the economy broken?

I feel like there’s something I can’t comprehend about that.

  • AskewLord@piefed.socialEnglish
    11·
    2 days ago

    Yeah, I know. If you think this book is legit and insightful… well you might as well vote for Trump. You are a believer in nonsense. I bet you also think Trumps tariffs were ‘economic genius’.

    You should read real books by economists if you want to understand the economy man. Not grandstanding anthropologists who think their bitterness is genius.

    • explodicle@sh.itjust.worksEnglish
      2·
      2 days ago

      Which economists do you think are correct on this matter? How do their opinions differ from the economic policy we’ve seen since 2008?