2006-09-10 18:12:05 · 6 answers · asked by reh3363 1 in Politics & Government ➔ Other - Politics & Government
It isn't. That's just the propoganda the government shovels so they can get away with perpetually paying off debt with money invented out of thin air.
2006-09-10 18:18:25 · answer #1 · answered by lenny 7 · 0⤊ 0⤋
Inflation is good for businesses, not for the economy. Higher prices and average salaries don't compute. If our inflation is working on export goods, we obviously make more money, which is a good thing. But when we have inflation, we need more money to purchase products and services. I can't see anything good about inflation within our country's economy except for exports.
2006-09-10 18:18:35 · answer #2 · answered by SUZI S 4 · 0⤊ 0⤋
It really isn't, it means there is too much money in circulation. It does mean that salaries increase, but what good is more money if it buys less. There are two ways to combat inflation. 1 decrease the money supply. 2 Increase productivity thereby increasing the amount of goods and services.
2006-09-10 18:20:09 · answer #3 · answered by cashcobra_99 5 · 0⤊ 0⤋
It isn't. Makes things more expensive to buy, which leads to less buyers which leads to overstock of goods which leads to layoffs which leads to even less buyers which leads to recession. Countries generally want to keep inflation level low.
2006-09-10 18:17:28 · answer #4 · answered by Pluck That Chicken 2 · 0⤊ 0⤋
It is an indication that the economy is in a period of growth.
2006-09-10 18:16:47 · answer #5 · answered by quarterton2001 3 · 0⤊ 0⤋
It makes every thing worth more , except you . You should get a raise . Did you ?
2006-09-10 18:15:50 · answer #6 · answered by Anonymous · 0⤊ 0⤋