Transparency is something Governments fear more than inflation

[Asiska02]

When there is inflation, government uses that means to hide their flaws which many of them can be accountable for. So when inflation booms, it’s a way most government uses to syphon funds the more and also cover up for their crimes. Transparency means being accountable for what you’ve spent as a leader, when there is no transparency, then there are a lot of loopholes that when checked into, the government should be penalized for.

In most countries today, they practice democracy and democracy really means a lot and a very good system of governance when practiced well. But the democracy system of government being practiced today is used to steal and it’s now a means of enriching themselves the more forgetting about those that brought them into power.

[cryptomaniac_xxx]

In most countries today, they practice democracy and democracy really means a lot and a very good system of governance when practiced well. But the democracy system of government being practiced today is used to steal and it’s now a means of enriching themselves the more forgetting about those that brought them into power.

I guess every government system in the world has it's flaws, like what you mentioned - democracy. Early in the 1900 century though, everyone thought that this is good governance as it makes everyone accountable.

But we are all wrong as those elected officials took advantage of it and just enriching themselves and it's supposedly have transparency but there's none. Everyone has it's vested interested and that's what they are going to work during their terms in the office. And it's just going to kill the country itself with this all of corrupt officials with no transparency whatsoever.

[EluguHcman]

Obviously inflation can not be eliminated but can only be controlled through economy mitigation. The government actually don't care otherwise they would stop printing too much cash and spending on unnecessary budgets. Politicians also have to be honest in governance and should their also be job empowerments for the masses.

Also considering to limit importation of goods and services in a point to control inflation which governments are even more aware because they do have economy experts amongst them. They (government) will always play negligence towards it because they are after how to feed pockets with the public funds instead of spending the resources on the wellbeing of the public.

If you ask me I will say the government's even fears anonymities more which is why majorities had not considered to adopt Bitcoin and crypto currency yet even though it does not provide fully anonymities.
Perhaps they should care more about transparency because they always want to have everyone and activities on the watch which is why KYCs had become a trend for their platforms.

[Iamgoat]

Some government can make sure that their economic plan is good enough to reduce inflation but they genuinely do the opposite and even make the situation of their country worse than it was already.
Some countries economy is that bad the government themselves starts to use a stronger currency especially when they want to do internal and external trades, money laundering and calculation of their wealth.

In my country, I don’t think the government has even designed any clear plans on how to reduce the effect of inflation on our commodities and other things entirely and here’s me saying if my country government was serious, they will have essentially taken advantage of the natural and mineral resources and we on our own side do not care if we are on the path of sustainability or not and whether our purchasing power is low as well as other activities.