I was watching this video and the lady interviewer said that inflation is required for growth, which puzzled me. Indeed, we need to create new debt, so that new businesses can use it to be productive, and then repay back the debt with interest. I think inflation is only a problem when that debt is out of control (like now with US).
https://www.youtube.com/watch?v=hi0KnZ9a1xE
Do you agree that a small amount of inflation (2-3%) is good?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments