Central banks have a target inflation of about 2% and actively try to prevent deflation (much more so than inflation). In general moderate inflation is a good thing as it puts some pressure on keeping the money in circulation instead of hording it.
Just thought you’d want to know that you probably meant “hoard” as in “accumulate (money or valued objects) and hide or store away” instead of horde, which is a crowd or equivalent.
Central banks have a target inflation of about 2% and actively try to prevent deflation (much more so than inflation). In general moderate inflation is a good thing as it puts some pressure on keeping the money in circulation instead of hording it.
Just thought you’d want to know that you probably meant “hoard” as in “accumulate (money or valued objects) and hide or store away” instead of horde, which is a crowd or equivalent.