So, still just the kind of stuff where you get more for your money over time even despite inflation, thanks to technology developments. Why would the impact of messing with the money supply outweigh that of the technology in any other way that forcing a change in scheduling? And how is inflation beneficial for those who need to save money for a long time for large investments?
Inflation would only really make sense in a model where everybody already have access to all the funds they need to purchase what they want, but where they postpone all purchases to see if the can get more, AND where it is these delays that hurt the market by making it hard for the makers of these goods to survive. And this effect has to be the single most dominant one.
Inflation would only really make sense in a model where everybody already have access to all the funds they need to purchase what they want, but where they postpone all purchases to see if the can get more, AND where it is these delays that hurt the market by making it hard for the makers of these goods to survive. And this effect has to be the single most dominant one.