Re:Sri Lanka’s overnight flip to organic farming has led to ...
by imtringued on Wednesday September 08, 2021 @04:01AM
(#28454399)
If your money is worth less tomorrow you will spend it today.
If CPI inflation is really high, that means people will try to empty the shelves before prices have adjusted.
This is why moderate inflation around 2% is good because it stops hoarding of money and why inflation above 10% is destructive because people start hoarding goods.
This is why moderate inflation around 2% is good because it stops hoarding of money and why inflation above 10% is destructive because people start hoarding goods.