The concept of currency debasement

[darkangel11]

Inflation is just another tax, but one that we all have to pay. When a government doesn't have money to fund something that wasn't supposed to make the budget for a given year, like pandemic relief, money to help a country at war, it has to get it from somewhere. There are a few ways to get additional funds. You can increase known taxes, but that will ensure you won't get votes next election, you can borrow from another country, but sometimes neighbors have their own problems and want to borrow from you (like during the pandemic), you can attack another country to get money that way, (like the US did in Iraq), but it takes time, or you can print, inflate the currency and get free money the easiest and fastest way possible.
There's many ways to measure inflation. You can even use the basket of goods or even the Big Mac index.

[Zoomic]

The answer is they have gone to financial assets and the one that has best attracted that capital has been Bitcoin.

Some unfavourable government policies has affected some currencies so badly that a lot of people have lost confidence in their country's currencies and that is why they keep selling off their currencies by converting them into some kind of better foreign currencies or investing in some digital assets like Bitcoin inorder to preserve the value of their savings. Many even avoid transacting in their local currencies due to this lack of confidence and some other reasons best known to them.

The rate at which people are abandoning their local currencies for better options is not healthy at all because such actions from the people will reduce the value of these currencies even more. In few years time, same people who have abandoned their local currencies will come back asking why their currency has lost so much value.

[el kaka22]

People being angry over inflation is something overdone a lot in history of humanity, it has been a thing for a long time and not a new thing. Hell "inflation" back in the day was literally gold coins not being gold coins anymore as much as they used to be, kings would raid their own churches and melt down any gold stuff in there, and make coins from them, and make it tiny and small to make sure that they can create more coins instead of big and robust like when they were rich.

So, this has been a thing for thousands of years and humanity is still shocked and angry whenever it happens, should we maybe stop doing that? Inflation will happen, rich wants more money, meaning they will devalue money, to get more money. If you have a billion dollar company, and money devalues, now you have two billion dollar company, it's that simple, shareholders are happy, board is happy and owner is richer, that's all they care about.

[WillyAp]

Inflation is just another tax, but one that we all have to pay.

You never have visited a hospital and won't need one?
Your country does not need an armee?
You police yourself and no one misbehaves?
You create your own electricity and have a fountain?
just a few examples. 

[Findingnemo]

Inflation is just another tax, but one that we all have to pay.

You never have visited a hospital and won't need one?
Your country does not need an armee?
You police yourself and no one misbehaves?
You create your own electricity and have a fountain?
just a few examples. 

Tax is not same as inflation, tax is fair as long as we get what we are promised but it isn't the case in most of the countries.

Middle class people has no other way than paying whatever taxes while the rich people always have choices, loop holes that help them.to pay less taxes than how much they're supposed to. Here they are not violating any laws but it isn't fair to put the burden on the one who is already fighting with financial problems.

Inflation is just makes everything worse apart from who is in debt.

[Poker Player]

It's a bit of a false calculation really, because what are you comparing this against?

It is not necessary to compare to anything for the argument to be true. False calculation you say? What is a false calculation is the CPI, which everyone can see how much the cost of living has gone up these last few years and what they tell you the CPI has gone up on TV.