Quote from: Kriptogram14 on May 01, 2024, 02:04:49 PM

Quote from: MissNonFall9 on May 01, 2024, 05:17:04 AM

Yes I believe that life or health of anything needs ups and downs like blood circulation for survival. In order to normalize the economic situation of any country the value of money is sometimes increased and sometimes reduced. Again to maintain the economic condition of the country, the reserve of the country has to be controlled, in view of which the currency value of the country is increased or decreased. Inflation can also be a necessary step to maintain the flow of goods and services within the country.

Inflation is needed in the economy because there is an increase in the economy, although it is not good, inflation is really needed, but the inflation rate should not be too high which is not good, it must be at a stable number to be called good, with inflation stabilizing the economy when prices are no longer reasonable, Sometimes inflation is evil when the numbers start to rise too high, making the economy unstable.

However, what is unfortunate is that in lower middle class society, when the inflation rate rises too high, it will make people scream. With high inflation, the prices of basic necessities are unstable and will also rise, therefore the inflation rate must be stable so that people do not scream about all goods going up, because they are low economic communities below average.

Yes, minimal inflation is also very unbearable for the marginal people of the country to live. But sometimes small interests have to be sacrificed for big interests. From that point of view, even if the inflationary policy is adopted to protect the economic stability of the country, its duration should be very short and it is very important to take necessary steps to transition from inflation quickly. But when a country is highly corrupt and the government does not care about the people, the rate of exchange rate increases and inflation becomes chronic.