• ObjectivityIncarnate@lemmy.world
    link
    fedilink
    arrow-up
    12
    arrow-down
    1
    ·
    9 hours ago

    Uh, no, the primary reason inflation exists is so that there is an economy, lol.

    If there was deflation, the ‘optimal’ thing to do with your extra cash would literally be to stuff it under a mattress.

    Too much inflation is obviously bad, but deflation is also really bad. A tiny amount of inflation is optimal long-term.