By Walter E. Block Retirees’ Re-Entering the Labor Market Isn’t ‘Good for the Economy’; There’s more to wealth than work Does inflation increase wealth? That is the contention of some economists and business journalists who should know better. Inflation has a silver lining for economic welfare, they claim, or price increases are good for the economy as a whole.
When inflation has to occur to insure that there is enough liquidity added to pay the interest on the debt, there is little to indicate that it is good for anything.
When inflation has to occur to insure that there is enough liquidity added to pay the interest on the debt, there is little to indicate that it is good for anything.