Inflation vs. Unemployment

[Beet]

A reasonable inflation isn't necessary a bad thing. Unemployment is the main problem.

Define "reasonable."

2-3% inflation is typically regarded as a sign of a healthy economy as the price level is increasing due to increasing consumption spending, which increases aggregate demand and therefore GDP.

Exactly. As long as consumer inflation is below 3 percent, there is room for expansionary monetary policy.

[Beet]

A reasonable inflation isn't necessary a bad thing. Unemployment is the main problem.

Define "reasonable."

2-3% inflation is typically regarded as a sign of a healthy economy as the price level is increasing due to increasing consumption spending, which increases aggregate demand and therefore GDP.

Exactly. As long as consumer inflation is below 3 percent, there is room for expansionary monetary policy.

Except inflation at any rate is theft.

Nope. That's the point of owning assets or earning interest.