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It’s said that an #inflation rate of 2% is crucial for our #economy to grow.

What if there there was no inflation? What if the inflation rate was zero?

What would happen long term?

#asknostr

The question is, what if we didn't print more money?

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The dollar would maintain its value and prices would stay the same?

🤔 sounds right

But that’s bad for the economy?

It’s a good question. I’m no economist, I just know pictures!

I’ve heard a zero percent inflation rate would lead to a deflationary spiral and recession. I want to know if that’s true or just fear mongering?

Where’s Peter Grift when you need him

Sounds like hogwash

Why is it?

Nobody decides to spend cash (stimulate the economy) because cash is falling in value. Unless your in Zimbabwe of course