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Author Topic: Why do we have inflation ?  (Read 9081 times)

Offline Celsius

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Re: Why do we have inflation ?
« Reply #75 on: January 15, 2025, 04:06:35 AM »
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.
When the economic condition of a country is very bad and the amount of foreign debt of that country becomes very high, automatically the government comes under pressure. When the government falls under pressure, there is a need to print paper money, be it willingly or unwillingly. When the bank prints paper money unwritten, the inflation of money is seen in the country. The prices of daily essentials continue to increase drastically.  Thus the value of a country's currency tends to depreciate and rampant inflation occurs.
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Re: Why do we have inflation ?
« Reply #75 on: January 15, 2025, 04:06:35 AM »

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Offline Stompix

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Re: Why do we have inflation ?
« Reply #76 on: January 15, 2025, 03:28:17 PM »
When the economic condition of a country is very bad and the amount of foreign debt of that country becomes very high, automatically the government comes under pressure. When the government falls under pressure, there is a need to print paper money, be it willingly or unwillingly. When the bank prints paper money unwritten, the inflation of money is seen in the country. The prices of daily essentials continue to increase drastically.  Thus the value of a country's currency tends to depreciate and rampant inflation occurs.

And still, Japan has one of the highest debt-to-GDP ratios, has printed the most money in all developed countries, is struggling with growth and an old population, and yet despite that for nearly 7 consecutive years it had below 1%, experiencing twice deflation.
So how is this possible?
Obviously printing money is not the only culprit, you can print money endlessly if people don't spend it there will be no inflation.

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Re: Why do we have inflation ?
« Reply #76 on: January 15, 2025, 03:28:17 PM »

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Offline Agbe

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Re: Why do we have inflation ?
« Reply #77 on: January 19, 2025, 12:32:54 PM »
Inflation is a product of lack when ever there's lack of supply of a particular product or goods it is natural that the price of such goods will increase in value so inflation in countries is basically caused by lack of that country to produce goods and services to meet up local demands in the country when that happens there will be an increase in the price of such goods because to solve the problem of lack the country has to import into the country and depending on the countries currency in the international market that was used as the exchange for the goods to get them into your countries these imports will have to to recover their money and make gain by inflating the price of the imported goods on the local market

Offline Celsius

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Re: Why do we have inflation ?
« Reply #78 on: February 03, 2025, 12:11:37 AM »
When the economic condition of a country is very bad and the amount of foreign debt of that country becomes very high, automatically the government comes under pressure. When the government falls under pressure, there is a need to print paper money, be it willingly or unwillingly. When the bank prints paper money unwritten, the inflation of money is seen in the country. The prices of daily essentials continue to increase drastically.  Thus the value of a country's currency tends to depreciate and rampant inflation occurs.

And still, Japan has one of the highest debt-to-GDP ratios, has printed the most money in all developed countries, is struggling with growth and an old population, and yet despite that for nearly 7 consecutive years it had below 1%, experiencing twice deflation.
So how is this possible?
Obviously printing money is not the only culprit, you can print money endlessly if people don't spend it there will be no inflation.
When the main political party of a country is involved in corruption, irregularities, money laundering, etc., then of course you will prioritize the rise in commodity prices as the main problem in that country. Important issues such as a significant decline in the country's reserves, a significant increase in foreign debt, and a decrease in foreign remittances are among the main reasons for inflation in my country.
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Re: Why do we have inflation ?
« Reply #79 on: February 07, 2025, 03:56:54 AM »
Inflation is a word used to describe the successive increase in the prices of goods and services, but saying that printing money is the cause of inflation is wrong, as the market needs printing money and controlled inflation to grow. Most economies indicate that inflation of 1% to 2% is good for the economy, but excessive inflation that The problem is not controlled by the central bank, as the prices of goods and services continue to increase, which affects the economy and has reasons:

Random printing of money.
Wrong policies of the central bank.
Corruption, government laxity, and spending on projects that are not economically feasible.
Inflation due to fuel prices or supply chains.

If the government does not print money, inflation may occur due to the reasons above.

isn't the money printing what devalues the existing money on the market
These last few years money printing have gone brrrr ... so did inflation.

I think the excessive printing of money which causes devaluation has a big part to play in the causes of inflation. Though, this might not be the only reason for the inflation experience. Poor or bad governance is the major or cause of inflation. They do what they do, for selfish reasons. They, the CBN manager are the ones who knows what they do to devalue native currency.

When there is no flow of cash in the system, there is room for inflation. The act of hoarding money, can also lead to the cause of inflation.
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Offline bisdak40

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Re: Why do we have inflation ?
« Reply #80 on: February 26, 2025, 02:14:26 PM »
Inflation is a product of lack when ever there's lack of supply of a particular product or goods it is natural that the price of such goods will increase in value so inflation in countries is basically caused by lack of that country to produce goods and services to meet up local demands in the country when that happens there will be an increase in the price of such goods because to solve the problem of lack the country has to import into the country and depending on the countries currency in the international market that was used as the exchange for the goods to get them into your countries these imports will have to to recover their money and make gain by inflating the price of the imported goods on the local market
Yeah, that's true. When there aren’t enough goods or products in a country, prices naturally go up because people still need them. If a country can’t produce enough for itself, it has to buy from other countries. And since imported goods come with extra costs like shipping and currency exchange, the sellers raise prices to make a profit.

Offline Aanuoluwatofunmi

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Re: Why do we have inflation ?
« Reply #81 on: February 27, 2025, 02:14:35 PM »
Inflation has been in existence before now, even right from the days of our ancestors, there have always been inflation, there is nothing we can do about the rise in price of commodity items in the market, we are only expected to work towards how we are going bto be less dependent of the running economy and take advantage of being established to find our own way out of the challenges, this could come in by adopting for the use of crypto and bitcoin specifically, this makes one not to rely on them as well, not to even talk of when the government are taking it serious by inflicting demands on taxes thereby increasing it more upon fiat economy.

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Re: Why do we have inflation ?
« Reply #81 on: February 27, 2025, 02:14:35 PM »


Offline Stompix

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Re: Why do we have inflation ?
« Reply #82 on: February 27, 2025, 06:43:47 PM »
And still, Japan has one of the highest debt-to-GDP ratios, has printed the most money in all developed countries, is struggling with growth and an old population, and yet despite that for nearly 7 consecutive years it had below 1%, experiencing twice deflation.
So how is this possible?
Obviously printing money is not the only culprit, you can print money endlessly if people don't spend it there will be no inflation.
When the main political party of a country is involved in corruption, irregularities, money laundering, etc., then of course you will prioritize the rise in commodity prices as the main problem in that country. Important issues such as a significant decline in the country's reserves, a significant increase in foreign debt, and a decrease in foreign remittances are among the main reasons for inflation in my country.

Doesn't make sense!
Mexico had a lower inflation rate than South Korea and Benin and Malaysia lower than Denmark.
You're telling me those are less corrupt than Denmark?

Inflation is when people spend the printed money , not when the government prints it, if there is no increase in demand for goods from spending power there is no inflation.

Inflation has been in existence before now, even right from the days of our ancestors, there have always been inflation,

No, there wasn't!
https://www.datawrapper.de/blog/medieval-prices-wages



Offline Joeboy

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Re: Why do we have inflation ?
« Reply #83 on: April 02, 2025, 11:43:11 PM »
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.
I believe inflation has and still is the order of the day because of ehigh cost of production. Due to the present economic situation we are having, which is partly due to our leaders inability to contribute positively into the economy, producer tends to have hard time getting raw materials at a reduced price.  However, when they finally gets the raw materials at high prices, they hike the prices of the finished product just to compensate their pockets due to the high amount of money they spent securing this raw materials.
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