Inflation: Are falling prices good news?

R.A. | LONDON, economist.com

INFLA­TION, we’re led to believe from an early age, is bad. And some­times it is. Reck­less mon­e­tary expan­sion when an econ­o­my is close to poten­tial sim­ply leads to accel­er­at­ing price increas­es which can cause any­thing from mod­er­ate…

// A good explanation of inflation and why we keep it low.