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Take 20 minutes to visit Inflation Island and tour around the Island. Make sure as you tour around that you utilize the inflation meter in the bottom middle and switch between deflation, stability, inflation and hyper inflation to see the effects have on the various parts of the island. If you could manually control inflation and had to pick between deflation, inflation and hyper inflation, which would you pick. Which in your mind is the lesser of the three evils? Remember there is no wrong answer, this is just a way to talk about a class concept with your classmates. Please post your response and also respond to at least three classmates’ posts. Here is the link:
https://www.ecb.europa.eu/ecb/educational/inflationisland/html/index.en.html
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