Tuesday, September 21, 2010

Why a little inflation might be good

Given we are currently talking about inflation I thought this article in the New Yorker might be relevant.

Why inflation might be good, two reasons. First, it helps reduce the real value of household and government debt. As you know, we have a lot of debt. Second, it creates an incentive to spend on goods today.

1 comment:

  1. Frankly speaking, I believe that’s very hard to say it’s good, but we need to adapt to these things better. I trade with OctaFX broker where I get massive help and that’s because of their simple setup that helps in everything. I operate on their ECN account that can be done with as low as 5 dollars while they also provide me with daily market updates that’s free yet highly effective, so all this works brilliantly in my favor and enables me to perform well.