The document discusses inflation as a significant increase in price levels that erodes the value of money, affecting various economic indices and stakeholders. It highlights its causes, implications for creditors and income recipients, and the government's role in perpetuating inflation. Strategies for managing inflation, such as monetary and fiscal measures, are also mentioned.

1. INFLATION
By
ANANYA SINGH
XI-D

2. INFLATION IS A TAXTION WITHOUT
LEGISLATION.

3.  INFLATION IS THE
SITUATION OF RAPID
GENERAL INCREASE IN
PRICE LEVEL
DECLINE IN THE VALUE
OF MONEY

4. EFFECTS OF INFLATION ON THE ECONOMY:

5.  Producer price
Index
 Wholesaler price
Index
 Consumer price
Index

6. INFLATION IS THE
EVERYONE’S
ILLUSION OF

7.  Increases in Money supply
 Expansion of Bank Credit
 Deficit Financing
 Black Money
 Scarcity
 Taxes
 Population Growth

8.  Hoarding
 Distortion of relative prices
 Existing creditors will be hurt
 Fixed income recipients will be hurt
 Lowers National saving
 Illusion of making profits
 Currency debasement

9. Benefit the Inflators
Benefit the Cartels
Benefit the Borrowers
who pay Fixed
Interest

10. GOVT. IS THE ONLY
INSTITUTION THAT
CAN TAKE A
VALUABLE
COMMODITY LIKE
PAPER AND MAKE IT
WORTHLESS BY
APPLYING INK TO IT.

11. YEAR 2008 2009 2010
SALARY 8000 8500 9000
EXPENSES 7000 8500 10000
SAVINGS 1000 0 -1000

12. INFLATION IS
SIN ; EVERY
GOVT.
DENOUNCES
IT & EVERY
GOVT.
COMMITS IT.

14.  MONETARY MEASURES
 Bank rate Policy
 Open Market Operation
 Variable Reserve Ratio
 Credit Rationing
 FISCAL MEASURES
 Increase Public Borrowing
 Decrease Public Expenditure
REALISTIC MEASURES
 Increase the supply of Goods and Services
 Price ControlPolicy

15. THE
END .