(I’m American) Inflation is the rising cost of goods and services. Inflation constantly goes up by varying degrees. When economists say “inflation is decreasing”, that just means that the rate of inflation has slowed, not that inflation reversed.
If inflation is causing money to be less valuable over time, why would it be bad to have deflation? Would that not make my money more valuable? I’ve been told it would be very bad, but not in a way that I understand
In: Economics
During deflation, the common people win (short time) and the capitalists lose (big time). And, because the common people depend on the capitalists, they eventually lose too (long term) by losing jobs and sources of income. So everyone loses.
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