Post
Topic
Board Economics
Re: Experts, please explain why decay is a good thing for a currency
by
Milotyc
on 13/01/2015, 18:35:10 UTC
Mild, predictable inflation is actually considered good for an economy.

Yep, this encourages people to spend their money.

Imagine a constant deflation; why buy that house now when it'll be cheaper tomorrow. Why buy a computer when you can buy 2 if you hold your cash two more months.