But is inflation needed? Why can't we just keep the currency at the same value?
Maybe the government are trying but keeping the inflation away may just be unavoidable. Some policies may sound good, but on implementation may not provide the required results. 
Topic: Is Inflation Necessary - page 9. (Read 1348 times)
But is inflation needed? Why can't we just keep the currency at the same value?
The government will not want their foreign reserve to deplete and finish. That is why they will prefer to manipulate and devalue their own local currency. And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead.
It can not affect gold because the government do not have control over gold price.Is inflation a ploy that the government uses so people don't get rich off of savings?
Yes, people should know that fiat do not have value. The value in fiat is when you use it for something like business or investment.
The bitcointalk forum is comprised of diverse people from all over the world. Our countries' must have gone through inflation as a nation at least once or more since its history. As a refresher, inflation happens when the prices of goods and services rise and people can no longer afford those items because the country's money almost becomes useless. But is inflation needed? Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
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