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inflation for the first hits the common man because inflation indicates hike in the price of general commodities what a common have to use in his day-to-day life, if he experiences the weight of commodity in terms of money..common man finds difficult to run his life with zeal.."burden dictates his normal life"

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Q: Essay on effects of inflation on common man?
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Could you tell me some points on Inflation rate its advantage and disadvantage?

Inflation rate of a country is the rate at which the price of essential commodities in a country is increasing. There is no specific advantage of Inflation, but all country's need to have inflation. If prices of commodities do not go up, then the country's economy is said to be in a stand still. An inflation rate of around 5% is considered a healthy inflation rate and it represents an economy that is growing at a steady pace Disadvantages: When the inflation of a country goes beyond control say for example 10% or more then it has a lot of ill effects on the country & its citizens 1. The spending power of the common man comes down 2. Essential commodities prices shoot up and people cannot afford things like food, clothing & shelter etc...


Has anyone burst by belly inflation?

Yes, a man in the united states put a tire inflation hose up his bum and started the machine, he popped and died from it


Impact of price rise on common man?

the gap b/w rich and poor has widened. savings of a common man ha reduced to nil. the price hike is a threat to savings. people have to work hard to make their ends meet. the governments has not spared anything that the common man needs to survive, what with the already ridiculous situation of food inflation which is above 10 per cent, to be precise 10.13 per cent. it is literally making beggars out of thecommon man with the way it is increasing the rates of things across the board.


Why do Keynesian economist believe that market forces do not automatically adjust for unemployment and inflation?

Because it is not about man's capacity to consume, but about his ability to produce.


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Could you tell me some points on Inflation rate its advantage and disadvantage?

Inflation rate of a country is the rate at which the price of essential commodities in a country is increasing. There is no specific advantage of Inflation, but all country's need to have inflation. If prices of commodities do not go up, then the country's economy is said to be in a stand still. An inflation rate of around 5% is considered a healthy inflation rate and it represents an economy that is growing at a steady pace Disadvantages: When the inflation of a country goes beyond control say for example 10% or more then it has a lot of ill effects on the country & its citizens 1. The spending power of the common man comes down 2. Essential commodities prices shoot up and people cannot afford things like food, clothing & shelter etc...


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