It's time to start hopping for more inflation
This article talks about how inflation helps boost
the economy. Deflation can cause higher unemployment. In theory, I agree with
this article, but looking at the economy right now, I don’t think we should
hope for more inflation. Prices increased a lot in the past years, but incomes
barely increase at all. We’re already making less money and have to pay more to
get something that we could get at a lower price before. Things are already too
expensive now, why ask for more inflation when there will be people suffering
from it? What will people with fixed income going to do when they can’t afford
their living? We shouldn't be too greedy.
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