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Acmlm's Board - I2 Archive - General Chat - Inflation good or bad? | | | |
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hhallahh Bob-Omb Level: 38 Posts: 255/607 EXP: 365476 For next: 4971 Since: 03-15-04 From: Portland, OR Since last post: 73 days Last activity: 60 days |
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Inflation is good for debtors, because it makes their debts look smaller. Basically anything with an interest rate becomes easier to pay when you have high inflation. And I forgot whether inflation increases or decreases employment. Probably increases it, but I'm not sure. |
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Felix Nipper Plant Level: 33 Posts: 243/422 EXP: 208347 For next: 20832 Since: 04-03-04 From: Canada Since last post: 224 days Last activity: 6 days |
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It's really not a matter of good or bad, I don't think. Inflation is a natural property of money. There are side-effects of it that are good, and others that are bad, but most of it is either neutral or evened-out by another factor. And as a side note, I think more Economy classes should include Duck Tales episodes in the curriculum. |
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Kurama We gave you a 2nd chance You lost it with stupidity Level: 20 Posts: 43/136 EXP: 37337 For next: 5102 Since: 04-27-04 Since last post: 526 days Last activity: 339 days |
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Originally posted by Felix They so should make that into the curriculum also. Because, a lot of episodes from Duck Tales and other cartoons have talked about major things, like the Simpsons. |
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Acmlm's Board - I2 Archive - General Chat - Inflation good or bad? | | | |