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<p>[QUOTE=&quot;cladking, post: 8142532, member: 68&quot;]There&#039;s no such thing as &quot;healthy inflation&quot;.&nbsp; All inflation is destructive.&nbsp; All inflation robs people of their earnings and savings.&nbsp;&nbsp; It damages corporations that can&#039;t raise prices while lifting inefficient and obsolete corporations that can.&nbsp;&nbsp; </p><p><br /></p><p>Low levels of inflation are simply less destructive than high levels.&nbsp;&nbsp; It also encourages people to buy stock and financial instruments that is actually beneficial until there is a panic; everyone acting in concert usually irrationally.&nbsp; </p><p><br /></p><p>Everyone won&#039;t go out and by flips but most people are already far overinvested in stock and financial instruments that could do exceedingly poorly of a sudden because greed now operates every market.&nbsp;&nbsp; So when money gets scared it won&#039;t be buying vastly overpriced services and incredibly over complicated and over sold financial instruments; it will go into toilet paper which is somehow apropos for a society that votes its pocketbook and is already half in the sewer.&nbsp; </p><p><br /></p><p>I hope you are right about inflation being temporary.&nbsp;&nbsp; It seems improbable since the only way to get toilet paper to stay on the shelf is to raise interest rates and this is what seems so unlikely to me.&nbsp; The last time they tried rates only got up to 2 1/2% and the markets shuddered.[/QUOTE]</p><p><br /></p>

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