Why do we have inflation ?

[notblox1]

Only real reason for inflation is for rich people to get richer and poor people to get more poor.
Anyone who is trying to justify inflation is not thinking with his head but he only repeats what someone else told him.
Inflation is a scam, same as taxes that are not voluntary.

[Uruhara]

Only real reason for inflation is for rich people to get richer and poor people to get more poor.
Anyone who is trying to justify inflation is not thinking with his head but he only repeats what someone else told him.
Inflation is a scam, same as taxes that are not voluntary.

Well, if we explain it more deeply then everything is inseparable from a game played by rich people. And actually we are also part of the game. And we have to try to survive the challenges in this game, one of which is called inflation. If we want to be able to avoid inflation then we have to be smart people. And you must really understand the current financial and political system. And the concern at this time is that many people don't even understand the financial system they are currently using.

[DrBeer]

Only real reason for inflation is for rich people to get richer and poor people to get more poor.
Anyone who is trying to justify inflation is not thinking with his head but he only repeats what someone else told him.
Inflation is a scam, same as taxes that are not voluntary.

I would be very grateful to you if you would describe in a few sentences, with arguments only, how inflation is caused by the fact that "the rich get richer, the poor get poorer" and what this story has to do with it. It is very interesting to hear your opinion, which, as I understand (right ? ) is not based on the principle "he only repeats what someone else told him".

Please describe step by step what this process looks like, at what step inflation appears and why. And of course - why with inflation the rich get richer, describe the mechanism in detail, let's discuss - I understand what you wanted to say but there are some interesting nuances

[Legion]

Only real reason for inflation is for rich people to get richer and poor people to get more poor.
Anyone who is trying to justify inflation is not thinking with his head but he only repeats what someone else told him.
Inflation is a scam, same as taxes that are not voluntary.

Well, if we explain it more deeply then everything is inseparable from a game played by rich people. And actually we are also part of the game. And we have to try to survive the challenges in this game, one of which is called inflation. If we want to be able to avoid inflation then we have to be smart people. And you must really understand the current financial and political system. And the concern at this time is that many people don't even understand the financial system they are currently using.

Not many people understand economics like this, those who work in factories only as laborers don't really care about inflation, what is clear is that they have to keep working to keep earning money, so far it is very difficult to get a job that provides a steady income and this is one of the effects of inflation.

[emmybd]

There are many reasons of inflation. War, economic mismanagement, political instability, corruption and natural calamity such as flood can fuel inflation all over the world. All these factors contribute in different ways in various parts of the world.

[Peter90]

Money has 3 tasks:
1) means of exchange
2) store of value
3) unit of account


Unit of account
The problem with inflation is that a depreciating currency makes difficult to measure & compare the value of items over time

This is the drama of inflation: People become poor without seeing it.
People see they have more money - their salaries have increased - and are convinced their wealth has increased.

[DrBeer]

Money has 3 tasks:
1) means of exchange
2) store of value
3) unit of account


Unit of account
The problem with inflation is that a depreciating currency makes difficult to measure & compare the value of items over time

This is the drama of inflation: People become poor without seeing it.
People see they have more money - their salaries have increased - and are convinced their wealth has increased.
....

This is a long-standing problem - people simply do not understand how the financial system works, what money is, why there is inflation and what it is. For them, a lot of papers in their wallet is "wealth"! More is "even better".....
Financial illiteracy of the population - one of the global scourges of the modern world!

PS I am fond of numismatics and bonistics, in the collection there are stamps of Germany of the beginning of the 20th century, with a face value of 10 billion marks. Money then depreciated literally every couple of hours. I hope this will not happen again in any country ...

[bitterguy28]

The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...
It's pure theft.

Don't  be much affected Admin because politics is a legal term for Corruption meaning politicians are there to
take money and be wealthy and not for the people to benefits from their positions.
in short these are a helpless case as inflation will keep coming not until true political motives will cover the position.

[Peter90]