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Showing posts from August, 2018

Story of Inflation: An orphaned child

Inflation is the orphaned child of money. It has not been adopted by anyone so far and lacks culture and etiquette needed to become part of civil society. It's parent, apparently money who conceived it in unreasonable ecstasy and joy, abandoned it to be a wife of power in the society. The orphaned child takes unchartered journey in highly underscored manner. Its journey intends to inflict injury to the civilised society that hated him very much since being conceived and equally on his mother who abandoned him. The wrath of inflation results in decline in his mother's value, namely, money.  However,  course of its actions and its trajectory hurts the poor and vulnerable unreasonably in comparison to rich and powerful who owns & comnands his mother. This period of wrath further results in landlord, bankers & lenders, fixed income earners loses while tenants, debtors and speculators stands to gain.  The policy makers try to a pacify the aggrieved and orphaned child but f