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Replying to Avatar The Conscious Contrarian

I think there is no doubt the current theft level of inflation is very detrimental.

However, if I wanted to steelman the argument for low levels of inflation being healthy I would say that it may not be beneficial for an economy if a large group of people can just live off their savings forever (as prices continuously to decrease). Especially as we talk about the next few generations who inherit that wealth you start to wonder whether that’s really the system that will get ultimate consensus.

Not sure what but curious what the best Austrian School Argument against this is

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The Conscious Contrarian 11mo ago

Whether “low levels” of inflation are actually sustainable is a whole different and very central question of course. But leaving that aside for a moment

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