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   Sharina D McCullough CFA (sharina_mc1@ohai.social)'s status on Thursday, 12-Sep-2024 01:12:13 JST Sharina D McCullough CFA

   Inflation is never "healthy." Claiming a small amount of inflation is beneficial reveals a misunderstanding of its effects. Without inflation, people would buy more as prices drop, and entrepreneurs would be motivated to create high-quality products now to maximize profits.However, inflation dilutes savings, making goods unaffordable and allowing large institutions to profit by delaying innovation.

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     Hilton Fernandes (hgfernan@noc.social)'s status on Thursday, 12-Sep-2024 01:12:02 JST Hilton Fernandes

     in reply to

     That's interesting, @sharina_mc1 !

     I've never saw a central banker that favored inflation.
     🤔

     Could you please be kind as to point some country that has central bankers that thinks this way ?

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     Sharina D McCullough CFA (sharina_mc1@ohai.social)'s status on Thursday, 12-Sep-2024 01:12:11 JST Sharina D McCullough CFA

     in reply to

     It ultimately fosters poverty, planned obsolescence, and hopelessness. Don’t be misled by central bankers; they aim to erode our savings. investingSaying "inflation is good" only falls into their trap.
     #finance #business #money #investing #investment #crypto #stockmarket #bitcoin

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     Hilton Fernandes (hgfernan@noc.social)'s status on Sunday, 15-Sep-2024 08:46:25 JST Hilton Fernandes

     in reply to

     Dear @sharina_mc1, as you said it's a complex balance.

     But maybe it's an overstatement to say that central bankers do think that "inflation is good".

     Maybe in the distant past, when there were Keynesians among central bankers. Currently most of them are neoliberals at heart.

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     Sharina D McCullough CFA (sharina_mc1@ohai.social)'s status on Sunday, 15-Sep-2024 08:46:26 JST Sharina D McCullough CFA

     in reply to

     • Hilton Fernandes

     @hgfernan Policies like targeting a low inflation rate can create an environment where inflation is tolerated. Countries like the U.S. and the Eurozone have frameworks that often prioritize price stability, but the consequences can lead to inflationary pressures that affect savings and purchasing power. It's a complex balance.