Post
Topic
Board Economics
Re: Inflation overpowers the value of money
by
Rupok
on 17/08/2023, 17:19:40 UTC


The causes of high inflation can be attributed to the following:
1. Excessive Government borrowing
2. Unwanted and unstable domestic policy
3. Unsatisfiable or lack of domestic production


Inflation is currently happening in all countries. Due to covid-19, inflation has started to worsen in every country. Also, there are many other reasons for the worsening of inflation. Money from one country is smuggled into another country by corruption.  Inflation has arisen today due to anti-violence.  Day by day the prices of daily essentials like oil pulses rice flour etc. are increasing thus inflation and definitely food inflation is at its highest level.