North Point of View: Some Inflation is Good

October 25, 2023 00:12:49
North Point of View: Some Inflation is Good
North Point of View
North Point of View: Some Inflation is Good

Oct 25 2023 | 00:12:49

/

Show Notes

A zero percent inflation rate may look elegant mathematically, but the mathematical model built represents no universe that any human being has ever lived in.

Back then, Milton Friedman, the Nobel laureate, said that he thinks inflation target should be two percent. He didn't say zero, and there were a lot of economic commentaries about this. If you target zero percent inflation, you're making it really, really hard for a new company to emerge and drive productivity growth through the economy and take us into the future.

In today's economy, two percent may not be the answer either. So how much inflation is good?

 

#savannah #savannahrealestate #savannahga #wsj

Other Episodes

Episode 1

May 17, 2021 00:06:35
Episode Cover

2020 Drop in GDP

In our first episode, Dr. Walter Kemmsies and Mark Hall discuss the 2020 drop in GDP. Was there a reason for this recession? Was...

Listen

Episode

September 30, 2022 00:11:15
Episode Cover

North Point of View: Megatrends

In today's episode, Dr. Walter Kemmsies and Mark Hall discuss Megatrends like Cryptocurrencies, Electric Vehicles and the hype it caused in the stock market....

Listen

Episode 3

May 17, 2021 00:11:21
Episode Cover

Robots, 5G & AI Coding

Mark Hall and Dr. Kemmsies dive deeper into 5G. What industries will benefit the most from the roll-out of 5G? Will robots create a...

Listen