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