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by barry-cotter
1330 days ago
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The costs of inflation are mostly in surprise, adjustment, monitoring or uncertainty. A stable rate puts all of those at or near zero. High, stable, predictable inflation would be better than usually low but unstable inflation. For a perfectly fine introduction to why inflation is bad see the link below. https://quickonomics.com/the-costs-of-inflation/#:~:text=The... |
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