Inflation increases asset prices and increases inequality. Deflation reduces asset prices and reduces inequality. Keynsians do not like deflation because people save money during a deflationary period, and saving money…
Rent is up more than 9% this year alone. Inflation is now large enough to show up in the CPI in a significant way.
Inflation increases asset prices and increases inequality. Deflation reduces asset prices and reduces inequality. Keynsians do not like deflation because people save money during a deflationary period, and saving money…
Rent is up more than 9% this year alone. Inflation is now large enough to show up in the CPI in a significant way.