Hacker News new | ask | show | jobs
by pkulak 6105 days ago
In a recession, there's sometimes a bit of deflation, or at least much-slowed inflation, so you have some more leeway to just start pumping money into the economy (by actually printing money, or by lowering interest rates).
1 comments

Right, but deflation rewards the savers. By creating inflation in essence you are putting a gun to the heads of savers and saying spend now or lose value.
Putting guns to people's heads is what govts do.