Timeline for Do we have an authoritative reason why inflation is bad?
Current License: CC BY-SA 4.0
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Aug 11, 2022 at 23:26 | comment | added | Trylks | I have accepted this answer as it seems to be the correct answer according to comments to the question, Wikipedia, etc. I was expecting the main reason in malinvestment (or decision making as mentioned by @BrsG). In particular, high inflation promotes investment and penalizes saving. Similar to the precision-recall tradeoff, we may expect more investment to result in a higher malinvestment ratio, destroying wealth. | |
Aug 11, 2022 at 23:24 | vote | accept | Trylks | ||
Aug 11, 2022 at 1:59 | history | answered | 1muflon1♦ | CC BY-SA 4.0 |