Can inflation actually be fixed? Is there any hope? Or will prices just gradually keep increasing?
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We don’t want inflation “fixed”, we want it moderated… inflation of about 2% is good to keep economy moving forward. We don’t want the 8-10% we’ve been seeing over the past year or two.
A small amount of inflation entices people spend today for fear of things costing more tomorrow, which keeps the economy moving and not stagnating. A small amount of inflation compels people to find productive ways to invest & grow their savings, allowing capital to make loans and fund business growth.
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