Flat inflation is far more stabilizing than cyclic inflation and deflation. History and the world show us that countries who undergo periods of unreasonable inflation often experience social unrest at the same time.
The argument about the decline of chastity before marriage is also incorrect. Even if you assume that such behavior is desirable, the logic is just untrue. People are not having sex any younger than they did in the past. They’re just getting married later.
I could pick apart the rest of the article, but the fact is, the author is a crumudgeon who is blaming inflation for everything he doesn’t like about society.
