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Old 08-11-2011, 04:58 PM   #721
oilyfan
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Quote:
Originally Posted by Shazam View Post
Sure, tell me why then.

Sure, change your comment

Low inflation is okay. You'll always have some inflation just because our current economic system is inflationary by nature. Having said that it would be preferred to have an economic system that didn't have inflation. Wanna win a Nobel Prize?

But inflation caused by excess printing of fiat money is beyond stupid.
You saying this proves you don't have a good understanding of economics. Economists believe that inflation provides a tool for monetary policy to manage growth and capital investments, that is why central banks usually have an inflation target. An economy that grows will always include inflation.
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