• @Kiosade@lemmy.ca
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    410 months ago

    An inflation rate of around 2% is healthy. It forces people to invest in stuff. If there wasn’t inflation, people would just hide their cash under their mattress, no loans would be given to anyone, it would be bad.

      • @HandBreadedTools@lemmy.world
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        010 months ago

        Infinite growth is fine when the thing growing isn’t real, like money. Money is not a resource we find in reality, it’s purely a human-made representation of value. It’s only when it spreads to real resources does infinite growth become a problem.