If you start with any amount of money with inflation, on a long enough time horizon, the value of that sum goes to nearly zero.

If you start with any amount of money with deflation, on a long enough time horizon, the value goes up nearly indefinitely.

There is a world of difference between 2% inflation and 0%, but people are confused since low inflation looks "close enough" but in reality they are opposites

Reply to this note

Please Login to reply.

Discussion

No replies yet.