Discussion Question Why is inflation bad? -What costs does inflation impose on society? List all the ones you can think of. Focus on the long run. -Think like an economist. CHAPTER 7 Money and Inflation slide 40CHAPTER 7 Money and Inflation slide 40 Discussion Question Why is inflation bad? ▪ What costs does inflation impose on society? List all the ones you can think of. ▪ Focus on the long run. ▪ Think like an economist