:If I had to choose, I would choose deflation over inflation, because with deflation your money is worth more. Personally, I’d like for currency to be the same all the time, but unfortunately, that’s just not possible in the world we live in. “Hard money”, or a gold standard for money, encourages deflation more than inflation. When Grant switched to a gold standard, inflation stopped and deflation occurred. (Sarah W.) | :If I had to choose, I would choose deflation over inflation, because with deflation your money is worth more. Personally, I’d like for currency to be the same all the time, but unfortunately, that’s just not possible in the world we live in. “Hard money”, or a gold standard for money, encourages deflation more than inflation. When Grant switched to a gold standard, inflation stopped and deflation occurred. (Sarah W.) |