Reply to post: Inflation

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fxkeh

Inflation

A small amount of inflation is a *good thing* in an economy. Inflation discourages hoarding of cash assets (because they loose relative value) over investment in businesses; encourages buying today over the future (when prices will be higher); and reduces the absolute value of debt. An economy with no inflation - or even worse, deflation, which is what many cryptocurrencies are aiming for - is a dead economy.

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