Why should the devaluation of your hard earned money through inflation be good for you?
Discussion
Because we are all in this together Carl. Stop being such a right wing domestic terrorist
What if the real price trajectory would have been 2% deflation instead of the 2% inflation they aim at but exceed? It used to be (pre-1971) that things got cheaper with economic progress, not more expensive.
Something something something elasticity something something, I think.
"Because it forces me spend it all on worthless stuff. That way the economy gets stronger"