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A comment on Facebook Libra Is Architecturally Unsound. Parent comment
Low inflation is a good thing - it is a sign of a properly functioning economy. A dollar today should be worth more than a dollar tomorrow.
Too much inflation is not a good thing is usually sign of systemic failures of trust in a system.
The two stages are usually conflated in many discussions.
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Low inflation is a good thing - it is a sign of a properly functioning economy. A dollar today should be worth more than a dollar tomorrow.
Too much inflation is not a good thing is usually sign of systemic failures of trust in a system.
The two stages are usually conflated in many discussions.