Central banks have a target inflation of about 2% and actively try to prevent deflation (much more so than inflation). In general moderate inflation is a good thing as it puts some pressure on keeping the money in circulation instead of hording it.
The dollar got about 25% stronger…during the Great Depression. $100 in September 1929 had the same buying power as $79 in September 1935. Systems built on the concept of infinite growth do not like to shrink.
Central banks have a target inflation of about 2% and actively try to prevent deflation (much more so than inflation). In general moderate inflation is a good thing as it puts some pressure on keeping the money in circulation instead of hording it.
The dollar got about 25% stronger…during the Great Depression. $100 in September 1929 had the same buying power as $79 in September 1935. Systems built on the concept of infinite growth do not like to shrink.