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Why is inflation desirable? (lemmy.world)
submitted 21 hours ago by to c/asklemmy@lemmy.world
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I've been wondering this question for a while. Ignoring current events, why is a little bit of inflation desirable?

I do understand that it's done to "stimulate" the economy so people don't let their cash rot in a checking account, but isn't it a zero-sum game? Everybody says that money is not meant to stay where it is, rather, should flow through the economy. But if the economy always needs injections of liquidity because otherwise it fails, isn't the economy broken?

I feel like there's something I can't comprehend about that.

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[–] 1 point 18 hours ago

I'm also an engineer, and in my experience a reduction of blue collar workers gives only a temporary reduction of the work force; soon enough there will be more cost controllers, HR business partners and officers for all kinds of non value adding stuff. In my country we're at the point where the people with bizarre job descriptions on LinkedIn are always posting about how to effectively employ the work force.

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