Free MarketsMedia and CultureOther Schools of Thought
Money and BanksMoney and Banking
Under an inflationary monetary scheme, big financial-sector players who get the new money first benefit the most. Ordinary households down the line then bear the brunt of price inflation.
U.S. HistoryWar and Foreign Policy
Philosophy and MethodologySubjectivismValue and Exchange
Those who oppose "consumerism" contend it is wrong to give consumers what they want if they want the wrong things.
Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.