How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?
(lemmy.dbzer0.com)
Inflation is a tax on hoarding money.
It's a tax on my savings and my retirement. My savings lose 2% a year, on purpose. This means I have to play in the investment game to so much as break even. I'd rather not have to play the stock market game and just save my money for retirement without it losing value.