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TIP472: Inflation Masterclass continued W/ Cullen Roche
We Study Billionaires - The Investor’s Podcast Network
Is There a Need for a Positive Rate of Inflation in a Monetary System?
I don't think there's not like a need in a monetary system to have a positive rate of inflation. To me, it's just thepositive rate of inflation is to a large degree. It's a byproduct of having a primarily capitalist-based system that is predominantly private sector run and has a fairly large government attached to it. These things can result in some marginal inflation, I think, that is that necessarily bad in the long run?
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