Why do governments create inflation? Inflating currencies are really annoying as they not only lead rising prices but obliterate savings. While off-putting at first glance, inflation actually benefits everybody indirectly. Inflation makes long term debt like mortgages easier to pay, encourages investment, fosters economic growth, and much more. This video explains the various benefits of inflation for you and me. Sources: Music: Makai Symphony - Battle In The Snow Mountain ( Makai Symphony - Dragon From Hell ( Makai Symphony - Brave Soul ( Licensed under Creative Commons Attribution Share-Alike 3.0 (...(read more)
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