Originally Posted by
rickair7777
Yes, inflation is a natural consequence of the concept of money.
No, it's not.
Inflation is a consequence of government devaluing their currency. It started in ancient times, especially in Rome, when the treasury would take round coins and begin to clip the edges to reduce the amount of metal in the coin.
In more recent history the government would simply print more money making each dollar worth less. These days they don't even bother printing it, they just make it up out of thin air and add it to a ledger sheet. It's completely unaccountable as they don't even report M3 anymore.
Inflation is criminal.
If you want to learn more look up what economists Ludwig Von Mises and Murray Rothbard have to say about inflation.