Is inflation inevitable in all successful economies? Throughout history, has there ever been a society that maintained 0% inflation for a long term while still maintaining a good quality of life?

Question

Is inflation inevitable in all successful economies? Throughout history, has there ever been a society that maintained 0% inflation for a long term while still maintaining a good quality of life?

In: 5

Answer 1

Judging by modern standards of what a “good quality of life” is, our societies today are the only examples that have ever existed