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[–] • 6 pts

Inflation is a way to get you to spend NOW vs later. Literally that's it, the general idea being prices will be higher later so invest now. Tell yourself, why would a "stable" currency require trillions in bailouts, inflation and perpetual normalization (when you chop off the zeros) to maintain solvency?

[–] • 1 pt

Thats true. I think its more of a motivator in the sense that, as the dollar is continuously loosing value, they can give you a higher and higher quantity of dollars and make you feel artificially wealthier than you actually are. You get a raise but it really isn’t a raise.

But I also think it a major motivator to invest in the stock market. Alot of people would rather just add to savings in the bank if they knew it wasn’t going to be worthless in 20 years.

[–] • 5 pts

Weimar all over again, your house is worth 3 times more, but the purchase power of the dollar is a quarter of what it used to be before you bought the house. But hey, my house "increased" in value