Why is inflation desired and important?

1.20K views

I’ve read that many banks want a certain level of inflation and I don’t really see why. Why is important to banks that a stable product costs more tomorrow than today?

Is it to make people spend their money more since storing it will eventually make is worth less?

In: Economics

21 Answers

Anonymous 0 Comments

I wanna know the answer to this too, but going through the replies made me more confused than I was before reading them.

You are viewing 1 out of 21 answers, click here to view all answers.