An inflation rate of around 2% is healthy. It forces people to invest in stuff. If there wasn’t inflation, people would just hide their cash under their mattress, no loans would be given to anyone, it would be bad.

[–] MonkderZweite@feddit.ch 9 points 9 months ago (1 children)

So because of infinite growth? But we know that's not sustainable.

[–] HandBreadedTools@lemmy.world 0 points 9 months ago

Infinite growth is fine when the thing growing isn't real, like money. Money is not a resource we find in reality, it's purely a human-made representation of value. It's only when it spreads to real resources does infinite growth become a problem.