Community » Forum » Business » inflation

spacetinker
Businessman   VIP
instead of trying to lower prices and wages we could potentially lower the value of everything
therefore higher wages and prices
it would leave more currency in circulation
and would also promote more companies
as the 50 usd required could be achieved much quicker
it would however be a massive effort
Eram
Mogul   VIP
That would create economy instability if inflation gets out of control as people would lose purchasing power
spacetinker
Businessman   VIP
well if we concentrate it we could control it and if we don't go too far it won't be a problem
spacetinker
Businessman   VIP
Quoting Eram:
That would create economy instability if inflation gets out of control as people would lose purchasing power

the same also happens with deflation
if it gets out of control then people won't be able to afford prices
Eram
Mogul   VIP
Quoting spacetinker:
well if we concentrate it we could control it and if we don't go too far it won't be a problem


Yeah