Talk:Inflation
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Untitled change
Inflation is the increase in money supply, the result of which is rising prices.
This is a very neat, well-written article that even an intermediate English learner like me can understand what "Inflation" is, without reading the long and full-of-terms article on Wikipedia English. Minhhale (talk) 04:16, 18 February 2010 (UTC)
Cost of inflation change
Low levels of inflation are almost universally seen as a good thing for an economy - I think the article should be changed to reflect this. From Wikipedia - "Today, most economists favor a low, steady rate of inflation.[9] Low (as opposed to zero or negative) inflation reduces the severity of economic recessions by enabling the labor market to adjust more quickly in a downturn, and reduces the risk that a liquidity trap prevents monetary policy from stabilizing the economy.[10] The task of keeping the rate of inflation low and stable is usually given to monetary authorities. Generally, these monetary authorities are the central banks that control monetary policy through the setting of interest rates, through open market operations, and through the setting of banking reserve requirements.[11]" 10 - http://www.atypon-link.com/AEAP/doi/abs/10.1257/089533003772034934 11 - Taylor, Timothy (2008). Principles of Economics. Freeload Press. ISBN 193078905X. 89.250.46.8 (talk) 11:45, 17 January 2012 (UTC)