why is inflating good?

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Government and economists say, that ideal inflation is about 2%.. why is that? Why is 2% of my savings disappearing every year good? (In ideal case)

In: Economics

17 Answers

Anonymous 0 Comments

Inflation isn’t really about your savings deteriorating. It’s hit or miss in the short run, but generally your wages and investment returns also inflate, so you’re really not missing out on anything.

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