OohPooPahDoo
Gold Member
Inflation is never healthy.
Yes it is you economic imbecile. Inflation encourages investment and spending by consumers and business and it helps businesses keep the liquidity they need to pay employees and buy inventory. Deflation kills investment and spending and creates liquidity crises for business. Its BAD when a business loses revenues while its debts remain the same, and its BAD for mortgagees when their incomes go down while their debts remain the same. That should be obvious.
Who said anything about 'deflation'...?
You've either got inflation or deflation unless you're suggesting its actually possible for prices to never change.