::When their [[money]] is depreciating, [[consumer]]s spend it as fast as they can like a hot potato before it loses anymore [[value]]. It's a disincentive to save and invest. This is [[stagflation]]. [[Keynesian]]s and [[neoliberal]]s however point to how it adds to [[consumer]] spending figures and the [[GNP]], which is just bloated. | ::When their [[money]] is depreciating, [[consumer]]s spend it as fast as they can like a hot potato before it loses anymore [[value]]. It's a disincentive to save and invest. This is [[stagflation]]. [[Keynesian]]s and [[neoliberal]]s however point to how it adds to [[consumer]] spending figures and the [[GNP]], which is just bloated. |