Doesn’t a **stable deflation with low unemployment** defy all economist theories on why we should always have small inflation? What does Switzerland do right?
Inflation rate of -1.9% since 2010 [[source](https://lik-app.bfs.admin.ch/en/lik/rechner?periodType=Monatlich&start=12.2019&ende=12.2020&basis=AUTO)]
Unemployment rate (international standard) 4.5% to 5% [[source](https://www.macrotrends.net/countries/CHE/switzerland/unemployment-rate#:~:text=Switzerland%20unemployment%20rate%20for%202019,a%200.12%25%20decline%20from%202016)]
Unemployment rate (swiss national standard) 2.1% to 3.6% [[source](https://tradingeconomics.com/switzerland/unemployment-rate)]
In: Economics
The entire developed word has seen extremely low inflation since the end of the Great Recession.
I can’t speak for Japan or Europe, but that’s also gone along with low unemployment in the US.
Also, deflation isn’t good.
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