Inflation is healthy for the economy – but too much can trigger a recession
- Written by Richard S. Warr, Professor of Finance, North Carolina State University
Prices may go up – but that's not always a bad thing.AP Photo/Elaine ThompsonIn a healthy economy, prices tend to go up – a process called inflation.
While you might not like that as a consumer, moderate price growth is a sign of a healthy, growing economy. And, historically at least, wages tend to go up at about the same pace during...
Read more: Inflation is healthy for the economy – but too much can trigger a recession