Tbf we should always aim for slight inflation. You want to incentivize people to use their money on things so it circulates, and it being slightly depreciating is the best way to do that.
If it was the best option long term to just stuff money into a mattress and sit on it for a decade then that has it’s own problems
The best inflation is zero. The second best is slight inflation. The third best is slight deflation. Because they can’t control it that well they aim for slight inflation so it doesn’t go negative.
Tbf we should always aim for slight inflation. You want to incentivize people to use their money on things so it circulates, and it being slightly depreciating is the best way to do that.
If it was the best option long term to just stuff money into a mattress and sit on it for a decade then that has it’s own problems
The best inflation is zero. The second best is slight inflation. The third best is slight deflation. Because they can’t control it that well they aim for slight inflation so it doesn’t go negative.
“best way to do that” for who? corporate profits, or humanity?