Posted 7/30/2020 20:35 (#8405836 - in reply to #8405028) Subject: RE: You guys are nuts
Texas, the really flat part
Explain to the class how this has harmed you. You make this claim as though it’s some revelation. It’s nothing new buddy. I’d much rather live with some moderate inflation than the stagnation or deflation you advocate. Inflation encourages investment. If you can stick money in the bank knowing that dollar will increase in purchasing power next year where is the incentive to put it at risk investing in anything?