MultiversX Tracker is Live!

Isn't inflaction a good thing for the economy?

Bitcoin Reddit

More / Bitcoin Reddit 215 Views

Genuine question here.

I always heard that inflation is good for the economy, and if there was deflation that people would not spend money today because tomorrow it would be worth more. This would be bad for the economy because money wasn't going to be spent, jobs would be lost, etc.

Is this true? And if so, why is bitcoin good? If the value is always increasing, doesn't that mean that more people wouldn't be spending it?

Sorry if I am completely wrong about this, I'm trying to learn all the basics.

submitted by /u/user2168489
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments