Japan has been struggling with deflation (=decrease of prices) for a good 25 years now… you really don’t want that happening. Ideally you want something around 2% inflation.
You also shouldn’t purchase, since goods will get cheaper over time. Also don’t take loans for the same reasons. Basically you should take your money in cash and sit on it.
Japan has been struggling with deflation (=decrease of prices) for a good 25 years now… you really don’t want that happening. Ideally you want something around 2% inflation.
What are the issues with deflation other than that people wouldn’t want to invest in whatever is available?
You also shouldn’t purchase, since goods will get cheaper over time. Also don’t take loans for the same reasons. Basically you should take your money in cash and sit on it.
That falls apart with necessities like food and medicine, doesn’t it?