Inflation Is Healthy For The Economy - But Too Much Can Trigger A Recession
from The Conversation
– this post authored by Richard S. Warr, North Carolina State University
In a healthy economy, prices tend to go up – a process called inflation.
While you might not like that as a consumer, moderate price growth is a sign of a healthy, growing economy. And, historically at least, wages tend to go up at about the same pace during periods of inflation.
Source: http://econintersect.com/pages/opinion/opinion.php?post=201906200331
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