If the inflation is mathematically defined, it will only make it more difficult to calculate. There is no point in it.
Inflation has a positive impact and negative effects, depending on whether or not severe inflation. If inflation was mild, it has a positive effect in terms of stimulating the economy could be better, ie increases the national income and get people excited to work, saving and investment holding.
Conversely, in a period of severe inflation, which in the event of uncontrolled inflation (hyperinflation), the state of the economy became chaotic and felt sluggish economy. People are not excited about working, saving, or investments and production because prices are rising rapidly. The fixed-income recipients such as civil servants or private employees and workers will also be overwhelmed bear and offset the price so that their lives become increasingly slipped and fell from time to time.
You didn't get it. It can only have effect if some actors does not understand it, or nobody knows because it is unknown in advance.
Anyway, there are effects of inflation, but they are always bad. The one thing that the inflationists never think about (or talk about), is cementing the capital structure, making everybody poorer.
