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pinkmuffinere 2 days ago

Why??? My (very limited) understanding is that we like a small amount of inflation, to incentivize reinvestment into the economy/R&D/etc. If there’s no inflation, you incentivize dragon-hoarding behavior

jsbg 2 days ago | parent | next [-]

that's why no one every buys TVs

wredcoll 2 days ago | parent [-]

honestly its a large factor for me personally when I look at buying a new tv!

gweinberg a day ago | parent | prev [-]

Your understanding is silly. Inflation or no inflation, you'd like to maximize your roi.

pinkmuffinere a day ago | parent [-]

In your bank account, do you hold cash? If inflation was higher, say at 10,000%, would you hold less cash? For many people the answer is yes, which shows that higher inflation incentives reinvestment