Inflation is not necessary for an economy. We thrived under the gold standard. Look what happened to Greece, there's your example of socialism. Rampant unemployment and the gov't still paid out benefits until it went bankrupt. Then they get bailed out with money from Germany, money that was taxed from the German people. Their hard earned money went to bailing out people in another country. One socialist economy bailing out another socialist economy. I'd prefer to have more say over where my money goes, that's why I prefer a gov't that lets me keep more of what I earn. I will teabag you in Crucible for calling me a twat... And being economically illiterate