I’m curious because inflation reduces purchasing power, but I’ve also heard that some inflation is considered normal or even healthy. I want to know where the line is between helpful and harmful inflation.
Is inflation always bad, or can it sometimes be useful?
byu/UpstairsBumblebee446 inAskEconomics
Posted by UpstairsBumblebee446
1 Comment
The Richmond Fed has a great economic history piece of the 2% inflation target.
It says it better than I can, so here’s the link.
https://www.richmondfed.org/publications/research/econ_focus/2024/q1_q2_federal_reserve