Asked in EconomicsInflation
Why is inflation good and bad and how does the government try to control it?
November 17, 2012 11:36AM
Inflation is both good and bad for a couple of reasons. Inflation means the economy is growing strong and prices are going up. Too much inflation has a bad effect on people who are struggling to have their paychecks meet the growing prices
Asked in Inflation
Why is inflation both good and bad?
inflation is both good and bad.. however, if compare with deflation, inflation is less evil. why?? consider these.. -deflation decrease the national income of the community and pauperize society as a whole. -deflation increase the level of unemployment. -it is easier to control inflation but hard to recover from deflation. -mild inflation may stimulate economic growth.
Asked in The Difference Between
What is the difference between good and bad government?
Asked in Economics, Inflation
Who is helped by inflation?
Asked in The Hunger Games
What is the author's message about economics in the hunger games?
Asked in World War 1, History of Germany
Why were the Germans unable to pay all of there reparations fallowing world war 1?
Asked in Government
Having a government is a good or bad idea?
Having an effective government that that develops and upholds laws for the benefit of the comunity it rules is a good idea. You have but to look at countrys where government control is loose or unstable to understand that country's in Western Europe for instance are the safest and most comfortable places to to live.
Asked in 2008 Economic Crisis, Inflation, Poverty
Is inflation always bad for economy?
Inflation is certainly not always bad for economy, in fact a moderate level of inflation matching to it's growth rate is good for the country. Moderate inflation suggest demand in the system while no inflation or deflation suggest demand collapse which is much more dangerous than Inflation. For Instance US inflation is 1.5 to 2% while it's growth is 2-3%. This equation is ok. A Country having an inflation equal to it's growth rate is not bad though it is always preffered to have lower inflation and high growth rate. But it is difficult to achieve on a continuous basis. Reserve banks all over the world prefer and try hard to have moderate inflation and would worry if there is a situation of deflation. But too high inflation will make the currency of the country very weak against the major global currencies and will bring the economy to it's knees, like what happened in case of Zimbabwe.
What are some bad things Robert Mugabe is doing as a dictator?
Asked in Geothermal
What are the good and bad things about geothermal power?
How do rates for high yield CDS today compare with a decade ago?