+1 862 207 3288 inflation erodes the value of money, should the Federal Reserve pursue a goal of deflation?
Given that inflation erodes the value of money, should the Federal Reserve pursue a goal of deflation? Would deflation create some of the same problems as inflation in terms of the information communicated by price changes and the arbitrary redistribution of income? Briefly explain.
inflation erodes the value of money, should the Federal Reserve pursue a goal of deflation?
