too larry
Well-Known Member
I'm a few days behind the inflation talk, but here are my two cents. A small % inflation is actually good for the economy. Deflation is one of the worse things possible. If you knew the price was going to fall next month, you wait until next month to buy it. Then when next month gets here, the price is still going to be less next month, so you wait again. While saving and waiting might be good for the individual, it will stop economic growth quick. Soon folks are out of work.