The inflation/deflation issue is back in the spotlight and is being questioned w

[sportbitcoin]

One way to describe inflation is too much money chasing too few goods. And deflation is typically thought to be a result of decreasing prices and reduced demand. I think, however, the relationship is more complex than one of money supply expansion or contraction. Inflationary pressure can result from an increase in money supply that is outpaced by the economy's production of goods and services. Other factors that can cause inflation. However, are supply shocks, changes in consumer demand, exchange rate fluctuations. And energy prices. This leads me to think that governments should have a primary interest in controlling money supply, or that there should be a balance of money, production and demand. In your opinion. What is the primary culprit for inflation in today's world?

[Aanuoluwatofunmi]

Should this be new to us any longer, over the years there has been an increasing rate of inflation, and the government cannot do anything about it because of the system in place; don't expect deflation to happen. Even if it occurs, it's me only be intended for a short period of time. There is nothing we can do regarding the incidence of inflation as long as we keep operating under the centralized system of controlling the economy.

[abhiseshakana]

Describing the culprit of todays inflation, i like to explain corelation betweeen inflation and deflation from conspiracy theory point of view. Inflation is not just an economic accident it is mechanism that keeps the global debt system running. At the first it is not elit design, when modern economy develop become a cycle which simply describe fiat which printing by government create space for credit, credit make the public and company can borrow money for investment or consumption (debt). debt push economy activity and economic groth which also increase transaction and income so tax revenue also increase and tax revenue used for expenses and pay government debt.

Thats why i said todays economy heavily dependent to debt and elite global realize that moderate controled inflation can reducing real burden of debt. What they like the most from inflation, when the real value of the debt decrease, government and large borrowers are relatively got help. When there are inflation and monetary expansion policy, asset price rise up, asset owners receive greater benefit. I assume they don't like deflation because the real value of debt increase.

[stompix]

I think, however, the relationship is more complex than one of money supply expansion or contraction. Inflationary pressure can result from an increase in money supply that is outpaced by the economy's production of goods and services.

No, it's not!
You can print quadrillions and give each person trillions; if nobody spends, there is no increase in demand of goods!
Seriously, people, Japan has been doing the money printing for 20 years already; get a clue!

Should this be new to us any longer, over the years there has been an increasing rate of inflation, and the government cannot do anything about it because of the system in place; don't expect deflation to happen. Even if it occurs, it's me only be intended for a short period of time. T

Deflation is the worst thing that could happen to any economy!
Again, open an economics book and go read what happened when there was deflation last time, 2008 will look like a cough to cancer!