Is inflation REALLY a good and desirable thing for the economy?

Depends on your economy and relation to other countries around you. None of this happens in a vacuum. The dollar, due to the current global market conditions(everyone uses it as the reserve, most money spent are in dollars and in the U.S or U.S sources), the dollar will always be kept down in relation to certain currencies and high in relation to others, depending on that countries monetary policies, debt, and worth of their assets.

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>>2913614
No. It's actually the exact opposite. It's a sign of weakness and a further detriment.

This is the first true redpill of economics.

Nope. Not even a little bit.

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>>2913614
No, I played a PC game called Knights of Honour and if you don't spend your treasury on anything, the money builds up to unprecedented amounts and becomes useless overtime. Therefore you need to spend on infrastructure and other bullshit to keep the economy of your nation healthy but have a little in reserve for backup.

>t. /v/ in terms of /biz/

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>>2913637
You've just described the corrupt monetary system and the only thing stopping the massive USD inflation from wreaking havoc on us burgers' purchasing power.

Once other nations decide to start unloading their dollars, the hidden inflation will become very visible. $10/gallon gas visible.