I’d love to see any evidence or logical arguments that an inflationary economy is worse than a deflationary one.
Don’t you understand that artificially induced unlimited growth is bad? It’s not about inflation or deflation, but the outcome.
www.ecb.europa.eu/mopo/strategy/…/index.en.html
The main task of the ECB is to maintain price stability. The ECB’s Governing Council considers that price stability is best maintained by aiming for 2% over the medium term. Price stability creates conditions for more stable economic growth
explodicle@sh.itjust.works 5 months ago
Inequality since Nixon because of the Cantillon effect