don’t be afraid of inflation

[TheUltraElite]

Deflation would mean better spending choices and betters products that can last a longer duration. With more money at hand and bad spending habits, more waste is generated by prepping daily needed items.

Definitely everything is not good in deflationary economy and probably it will remain hypothetical only, but there are good things in it, and the comparison is wrong there.

In general we will not be able to escape the inflationary economy of fiat. So better to accumulate bitcoin while we can.

[DYOR+BTC]

I guess you don't know the real meaning of inflation assuming you have little idea on what inflation is you won't have for one day speak good of inflation or even wish for your country to experience inflation for any reasons. In as much as the world is concern know country pray for inflation because of its economic effect on citizens, although the set of people contributing to the inflation has bigger advantage but that of the poor masses should be considered. Nigeria is one of the country experiencing high inflation but there's is as a result of corruption and quest for greatness in there political representatives mind which can never be reduced until there is change in power.

On the contrary, I think you don't know what the concept and real meaning of inflation and deflation is, not OP. Because basically what OP said is not wronthat nflation is better than deflation, and it can actually benefit the economy if well controlled and under ideal conditions. Inflation is well controlled and always maintained below 2%, which will stimulate economic growth. But sadly in reality, inflation always gets out of control and is no longer ideal. So now it is becoming the obsession of every country and everyone wants it to disappear.

I stand corrected, thank you for your wonderful correction but my own consign about the subject matter is from the dictionary meaning of both inflation and deflation. Inflation means the increase in price of commodity and the decrease in purchasing power which we all know is the capital required to purchase the desired commodity while deflation is the decrease in price of commodity and purchasing power. After clearly identifying the dictionary meaning of both, does that mean you as an individual will prefer the increase in price of commodity and its purchasing power to the decrease in price of commodity?
Exclusively removing that clause if inflation can be controlled

[Ab de villiers]

2. stocks, crypto, other assets will be rising
- since fiat is falling, people will seek other safer ways to hold their money

It's going up, but to purchase goods or products, the price remains the same using fiat currency. Hehe.
Bitcoin is a safer way to store money, and I fully acknowledge this, despite minor issues like a few days of internet outages.
Gold is also a good asset for storing money against inflation.
Bitcoin and gold are two assets that will protect people from inflation.
What's not recommended is holding fiat currency itself.

Life with expecting no inflation is un realistic approach. Because every year we face higher inflation as compared to previous year. Feeling fear of  inflation is meaningless.Inflation affects only those who store their wealth in form of fiat currency. So yes here you give good point about Bitcoin . In inflation period when currency is losing its value people should prefer to keep their assets in Bitcoins. Because gold stability and Bitcoin shortage supply make them strong. Currency is good for purchasing goods but not good for long term saving.As fiat continuously decreasing so investment Bitcoin save you from loss. People  should prefer to do more than one job or invest money in such a way that generate more money or other wise preserve it in the form of gold or Bitcoin. If your assets are growing then inflation is not problem for you. So Always keep yourself one step ahead of inflation

[Cookdata]

so. to understand simply:

inflation: GOOD

hyperinflation: BAD

deflation: WORSE

I will love to see the figures you considered to think that inflation is good. The last time I check my country inflation we were dangling between 31-32% inflation, do you consider that as a good inflation or bad because things are too expensive, the lower life are finding you to difficult to survive and to add it up, the currency has loss it's purchasing power, you can only buy little with plenty of cash.

Maybe you should correct your mistake and put some ranges, 3% isn't bad IMO even though US are on between that range and people still complained about it. May be the figures are been manipulated we can't tell.

[Raflesia]

Even if we say that we are not afraid of inflation, in the end, it will still affect our thinking, especially when we realize that if we do not anticipate inflation from the beginning, we will be the ones who will be eroded by the current inflation.

2. stocks, crypto, other assets will be rising
- since fiat is falling, people will seek other safer ways to hold their money

I just want to straighten out that it is likely that only assets with hedges that are progressing such as bitcoin or gold that we can say for this, the rest I am not too sure especially for altcoins and shitcoins.
Because in fact until now we can see that apart from bitcoin and gold the rest have nothing to be proud of from their progress for the long term so instead of saying altcoins and crypto trash like shitcoin, the focus is only on bitcoin.

[EFS]

There's nothing good about inflation. Prices keep going up but the official government agencies calculate it way lower, so salaries get raised less than they should. People are getting poorer day by day. They can barely afford basic necessities. In an environment like this, nobody spends money. Prices go up, consumption goes down. Loans aren't like they used to be, interest rates are crazy high. Installments on credit cards are gone. So what exactly is the "good" part of inflation? I guess you're living in another world.

[Swordsoffreedom]

There's nothing good about inflation. Prices keep going up but the official government agencies calculate it way lower, so salaries get raised less than they should. People are getting poorer day by day. They can barely afford basic necessities. In an environment like this, nobody spends money. Prices go up, consumption goes down. Loans aren't like they used to be, interest rates are crazy high. Installments on credit cards are gone. So what exactly is the "good" part of inflation? I guess you're living in another world.

But a deflationary economy is not good either. In a deflationary economy, prices of goods fall, consumers and businesses will hesitate to spend and invest, and gradually the economy will stagnate. Worse still, prolonged deflation will cause mass bankruptcies of businesses, increased debt and increased unemployment. It's not a livable economy either.

A stable and livable economy is one where inflation and deflation are controlled and balanced, not one where inflation soars or deflation drags on for a long time.

[fruktik]

This does not make inflation a good thing even with this analogy. it is just that we are getting used to quick adaptation to things that is the reason why when inflation hits, it becomes an easy option that we have to find a way of dealing with it. even if you are afraid of inflation or not when it comes, you have to find a way of dealing with it and that means that  the need not to hold your money for too long and also double your hustle so as to meet up with the pressing challenges will still become a core necessity.

When does inflation occur? This is something new for me. For me, it's always there. The only thing that changes is its meaning.

Inflation risks are neither good nor bad. They simply exist. If the government is able to control the process, then there are no problems for the people. But when incompetent officials fail to curb inflation, it threatens disaster for the entire country. There are numerous examples of this online.

[viljy]

Inflation is bad. The tales of the positive effect of inflation on the economy were invented by bankers. Where does inflation come from? The main source of inflation is not the emission of money (for example, from the Fed), it is credit money emission by commercial banks. Where does this money come from? Out of nowhere, thanks to fractional-reserve banking. What is it? This is an opportunity to lend money at interest, and the bank does not have this money (this money is created from nothing).

Historically, fractional-reserve banking originated from loan sharks' promissory notes, which were usually issued to people who deposited their money in a loan shark's office, say in France, and then took it from the same office, for example, in Jerusalem. One day, the moneylender realized that it was possible to write out more bills (unsecured), because all the clients would not come for the money at once! This is how the method, later called fractional-reserve banking, appeared. At the same time, a phenomenon was born that was later called run on the bank (all customers came for money at the same time).

But the emission of money is the exclusive right of the sovereign (in those days it was the king). Everything else is counterfeiting. Essentially, banking originated from counterfeiting. Inflation is the result of counterfeiting. The fact that inflation makes people run like a squirrel on a wheel is oppression. Instead of developing and growing spiritually, a person is forced to spend time earning a living. Inflation steals the time of every person's life.

Please note that Bitcoin is not subject to inflation. It is a deflationary asset. However, the OP writes that deflation is bad. Bad for whom? For the counterfeiting banking system? There is one important point. A lender that lends bitcoins at an interest rate is very different from a bank. The difference is that the lender gives out his money, meaning it's the money he has. The bank lends money that it does not have (this money does not exist at all and should not exist).

[Royal Cap]

Inflation is not harmful if it's controlled, the truth is inflation always goes out of control.
Compare the purchasing power of decades ago to today, compare the inflation to the salary increase as well. Truth is your purchasing power has been going down.

The loan being worthless in the future is also BS, there's something called floating interests. The only way is bitcoin through its deflationary price to fight against inflation.

Exactly, on paper they say inflation is under control but when you go to the store, you realize that money is not worth anything like it used to be. No matter how much prices increase faster, resulting in a decrease in purchasing power. However I see one thing differently, It may be that Bitcoin will defeat inflation but if you think that this is the only way for everyone then there is a risk. Because Bitcoin also fluctuates a lot in the short term.

In my opinion, Bitcoin can certainly be a good safe haven in the long term but you should not think that there is one solution to the whole problem. Increasing your income reducing expenses and saving a little wisely are the ways that people actually survive.

[Iranus]

I just want to straighten out that it is likely that only assets with hedges that are progressing such as bitcoin or gold that we can say for this, the rest I am not too sure especially for altcoins and shitcoins.
Because in fact until now we can see that apart from bitcoin and gold the rest have nothing to be proud of from their progress for the long term so instead of saying altcoins and crypto trash like shitcoin, the focus is only on bitcoin.

Altcoins and shitcoins are not effective hedging solutions because not all of them grow, only a few do and their future is quite uncertain. I agree with you on that. However, I would like to add that stocks, especially tech stocks, are also an extremely good inflation hedge and are not inferior to bitcoin or gold in the future.

If you look at the growth trajectory of stocks like NVDA, TSLA has also increased significantly over the past 5 years and has even outperformed bitcoin over the same period.

In addition to bitcoin and gold, there are many other assets and investments that can be used as inflation hedges.

[barbara44]

Life with expecting no inflation is un realistic approach. Because every year we face higher inflation as compared to previous year. Feeling fear of  inflation is meaningless.Inflation affects only those who store their wealth in form of fiat currency. So yes here you give good point about Bitcoin . In inflation period when currency is losing its value people should prefer to keep their assets in Bitcoins. Because gold stability and Bitcoin shortage supply make them strong. Currency is good for purchasing goods but not good for long term saving.As fiat continuously decreasing so investment Bitcoin save you from loss. People  should prefer to do more than one job or invest money in such a way that generate more money or other wise preserve it in the form of gold or Bitcoin. If your assets are growing then inflation is not problem for you. So Always keep yourself one step ahead of inflation

Even assets like bitcoins or gold will keep on inflating as per the global inflation rate. So yes, all those have investments in bitcoins or gold can still survive inflation but not everyone has investments there. Yet, people prefer savings in fiat and investing them in fixed deposits offered by banks thinking they will still be able to get fixed profits every year but they do not realise that the profits they get from fixed deposits is evened out by inflation so at the end, they wind up making no profits but also not losing anything.

Assets remain the same for these people who prefer traditional investments. That's the sole reason why we should adapt to the newer investment options like bitcoins because that is what's going to make us earn some money while fighting inflation.

[bubilas]

many hear inflation rates rising and immediately jump to the conclusion that it’s bad but what people don’t understand is that inflation can actually be good for a nation. here’s why...

Yes, there's a grain of truth in your words, because I myself was guided by some of these insights. When I saw that inflation was rampant in the country where I live, I immediately converted my fiat savings into dollars and cryptocurrencies, and some into electronics and property. Also, realizing that inflation would accelerate, I was glad that I'd taken out a low-interest mortgage a year earlier, knowing I didn't have to rush to repay the loan, as it would depreciate faster, despite the high interest rates from the bank that had previously approved the mortgage.

[Republikcoin.com]

When does inflation occur? This is something new for me. For me, it's always there. The only thing that changes is its meaning.

Inflation risks are neither good nor bad. They simply exist. If the government is able to control the process, then there are no problems for the people. But when incompetent officials fail to curb inflation, it threatens disaster for the entire country. There are numerous examples of this online.

Inflation always exists if the government cannot control it, but if the government can control it, it seems invisible even though it still exists within the country. I also prefer it if the government can control it because eradicating it permanently is clearly impossible even with cooperation from various parties. This year, inflation in some less developed countries is still very pronounced, and citizens often complain about it. However, if there is cooperation from various parties, including the government, this problem would be less obvious in any country.

[bettercrypto]

In my understanding, inflation is a phenomenon present in all countries. Based on my knowledge, when inflation is kept at a moderate level, it can be an indicator that a country’s economy is balanced. However, when inflation becomes uncontrollable, that is when problems arise.

These problems manifest as rising prices for goods and services essential items frequently used by the people and the government alike. Therefore, it cannot be said that inflation is simply “good”; rather, it must be maintained at a moderate level.

[ndutndut]

This does not make inflation a good thing even with this analogy. it is just that we are getting used to quick adaptation to things that is the reason why when inflation hits, it becomes an easy option that we have to find a way of dealing with it. even if you are afraid of inflation or not when it comes, you have to find a way of dealing with it and that means that  the need not to hold your money for too long and also double your hustle so as to meet up with the pressing challenges will still become a core necessity.

When does inflation occur? This is something new for me. For me, it's always there. The only thing that changes is its meaning.

Inflation risks are neither good nor bad. They simply exist. If the government is able to control the process, then there are no problems for the people. But when incompetent officials fail to curb inflation, it threatens disaster for the entire country. There are numerous examples of this online.

Inflation is always present and it can't be eliminated permanently. However the government must also effectively control it. Uncontrolled inflation can have far reaching impacts such as a decline in people purchasing power as prices of goods and services rise while incomes remain constant. This hinders economic growth and leads to economic uncertainty. This is why it's crucial for a government to truly exercise integrity in carrying out its duties as a state official.

Controlling inflation is a significant challenge for a country's economy, but with the right strategic steps the government can maintain people's purchasing power and ensure economic stability. As I mentioned above inflation isn't always a bad thing it can drive short term economic growth provided it's properly controlled.

[Baki202]

There's nothing good about inflation. Prices keep going up but the official government agencies calculate it way lower, so salaries get raised less than they should. People are getting poorer day by day. They can barely afford basic necessities. In an environment like this, nobody spends money. Prices go up, consumption goes down. Loans aren't like they used to be, interest rates are crazy high. Installments on credit cards are gone. So what exactly is the "good" part of inflation? I guess you're living in another world.

And the way the percentage of inflation in every country varies, I think it has become a thing of concern because the price of things keeps increasing, money does not even have value anymore, the salaries paid are not even enough for people to spend, and basic needs are now becoming something very hard for people to even afford, and the only way a situation like this can be managed is when you don't keep your money in fiat you can buy assets that increase in value and that can reduce dependency on fiat.

A lot of factors are making things more difficult because the interest rate for loans is not even helping at all, and all these things are what make things difficult for people, and it is not as if they are getting any better, it has already been part of us. we just have to discover ways to even manage this situation.

[tygeade]

Everyone knows a level of inflation is good, nobody says we need the prices to drop, we are just saying prices shouldn't go up faster than our salaries do. I am not from USA, but a good example would be that federal minimum wage is still 7 dollars, that has been the case for nearly 20 years or something, sure not everyone makes that, but if the argument is that people make more, then why not increase it?

Even the minimum wage person suppose to be able to support a living of a family of four, that was the idea when it started, and because rich people hold all the power, they made you think that it's the earning of a high schooler, that is not the case, never was,  but that became the case because we let it became one. If you do not vote based on topics that matters, then you will get people who care only about the rich friends they have.

[AmaGold70]

Inflation is something that will keep existing and their is nothing anyone can do about it. No need to be worried about it but the best thing to do is to prepare and know inflation is always at the corner. Despite the high rate of inflation their are people who are still making money and their business is still doing well. Such people understand what economy is all about and know how to sustain despite the serious economy. If you allow inflation to be your limitations you will never know how to be successful during serious inflation.  I know inflation is a serious challenge but it doesn't mean people should just fold hands and do nothing about inflation.

Exactly, inflation has always been in existence and yet there are people doing well in their businesses and living a normal life like inflation doesn't exist in their corner, I have long decided that inflation isn't going to limit me from living a normal life even though it would be tough but the best thing to do is to keep living and surpass every inflation. I don't see anything see about inflation because all it does is to limit us from pushing forward and now we all believe that inflation has the right to define us and how we live our lives in other to survive and even though it is a major challenge but everyone should be used to it already and if we continue to blame inflation we won't be able to succeed in anything we do.

[ancafe]

many hear inflation rates rising and immediately jump to the conclusion that it’s bad but what people don’t understand is that inflation can actually be good for a nation. here’s why:

2. stocks, crypto, other assets will be rising
- since fiat is falling, people will seek other safer ways to hold their money

How confident are you with this and have you noticed how the performance of some coins experiences such a big pump that they eventually fall and find it difficult to reach their highest price again. I might agree when you mention bitcoin specifically because this has been tested and we even see its journey every cycle and vice versa regarding several altcoins because only a few have ever reached their highest price after experiencing an increase.

People will place money in investments that are safe in conditions of inflation or not and they will also test how fundamental the asset is so that the placement of money is truly on target. Categorizing everything into crypto or stocks is not at all correct because we see that there are many assets that lose value in the long term even if there is no inflation or not.