A inflationary asset is one in which the supply of the asset is increasing. It is generally desireable for a currency to have a small predictable amount of deflation on long time periods as this encourages investments in productive-asset and stimulate economic growth and the creation of jobs.
See also deflationary asset.
- Frisch, Helmut. 1983. Theories of Inflation. Cambridge University Press.
- Ashton, Michael. What's Wrong with Money?: The Biggest Bubble of All. John Wiley & Sons, 2016.