Quote:
Originally Posted by Shazam
Sure, tell me why then.
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I edited my post to be a little more respectful. That said, I say it because inflation can encourage people to spend instead of hoarding it, since it slowly loses value anyway, and this, of course, is useful during a recession or when trying to get out of one. It's also better in the sense that it's not deflation.
I'm not an expert in economics, but I have read some other things from time to time concerning low inflation being favorable in certain circumstances. Saying it's bad across the board is, from my understanding, however, incorrect.