Is Inflation always a bad thing 2024?
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Studied at the University of Oxford, Lives in Oxford, UK.
But that's not necessarily a bad thing. Most economists agree that modest inflation is better than the alternative, deflation, which was a big concern only last year. If inflation is fire, deflation is ice. Deflation freezes consumer spending as people wait for prices to fall.
2023-05-14 11:14:57
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Isabella Lewis
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But that's not necessarily a bad thing. Most economists agree that modest inflation is better than the alternative, deflation, which was a big concern only last year. If inflation is fire, deflation is ice. Deflation freezes consumer spending as people wait for prices to fall.