How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?

3 years ago by Melatonin to c/asklemmy

load all comments
Bageler 13 points 3 years ago

Tldr our economy is designed this way. The federal bank sets monetary policy to maintain inflation.

I just took an econ-102 course intro to macroeconomics that covers this. It was free at my community college. I recommend doing it!

path: 0 1594230, hotness: undefined, score: 13, children: 1
PeepinGoodArgs 2 points 3 years ago
path: 0 1594230 1599621, hotness: undefined, score: 2, children: 0
asklemmy
asklemmy

@lemmy.ml

login for more options
55789
8843
4355

A loosely moderated place to ask open-ended questions

Search asklemmy �*

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

Icon by @Double_A@discuss.tchncs.de

go to feed...