return2ozma@lemmy.world to Work Reform@lemmy.world · 2 months agoJust a reminder...lemmy.worldimagemessage-square86fedilinkarrow-up11.41Karrow-down116
arrow-up11.39Karrow-down1imageJust a reminder...lemmy.worldreturn2ozma@lemmy.world to Work Reform@lemmy.world · 2 months agomessage-square86fedilink
minus-squareBallsandBayonets@lemmings.worldlinkfedilinkarrow-up4·2 months agoI might need an ELIF on this, but why any type of -flation? Why not have a dollar today be equal in purchasing power to a dollar 40 years ago, or 40 years in the future?
minus-squareObjectivityIncarnate@lemmy.worldlinkfedilinkarrow-up1·2 months agoShort answer is: to incentivize investment/entrepreneurship etc., which is good for the economy as a whole.
I might need an ELIF on this, but why any type of -flation? Why not have a dollar today be equal in purchasing power to a dollar 40 years ago, or 40 years in the future?
Short answer is: to incentivize investment/entrepreneurship etc., which is good for the economy as a whole.