2007-11-18 17:18:41 · 3 answers · asked by slowsmile 2 in Business & Finance ➔ Other - Business & Finance
Actually yes. A little inflation is beneficial to the economy. The extra money helps lubricate the free market.
Even the average poor American today lives better than 90% of all Americans did back then.
2007-11-18 17:40:55 · answer #1 · answered by Uncle Pennybags 7 · 0⤊ 1⤋
seek for the be conscious inflation, that's because of increasing expenses no longer the Fed. Why do you think of issues fee greater??? additionally, the place did you get ninety six% at?? the greenback's procuring capability traditionally decreases with the aid of roughly 4% each year, as a result it takes two times the quantity in 20-25 years to purchase the comparable concern.
2016-12-16 12:55:06 · answer #2 · answered by turnbow 4 · 0⤊ 0⤋
Yep - only a mug would have kept their assets in paper dollars since 1913 .. the rest would have purchased Land, Company Shares or Gold .. hey == that's JUST LIKE TODAY ..
2007-11-19 10:15:07 · answer #3 · answered by Steve B 7 · 0⤊ 0⤋