What are the consequences of inflation?
People are telling the familiar economic perceptions of what constitutes the economist coined term INFLATION and its consequences, again, in the view of pure economists.. Well. I propose to see this in a socio-economic view as it were, in this forum: I shall say that the suggestion of inflation concept (that money appearing bigger than the commodity / service it could buy) and the reason adduced for it are much complicated in the fashion of the perfect elites… It is an econmic malady due to various factors of which the main thing is the maldistribution of wealth produced… Consider the production of pulse grains for example (the illustrations from other commodities would reveal other maladies of the economy but I restrict to one point to drive home the misunderstood fall out of the vague concept of economic inflation). A kilo of say, green or black gram, is produced at an average cost of Rs. 6 (at Rs. 600 for production of about 100 kgs from an acre of rainfed land – the crop being
