Inflation is a necessary evil for the development of an economy. Inflation is unavoidable but it must be kept in control.
Inflation is NOT unavoidable. In fact, there have been several recent periods where deflation has occurred.
Inflation is generally a side-effect of a growth-based economy with a Fiat currency. Inflation itself can be caused by several factors: a too-fast expansion of the money supply, fluctuation in consumer demand, and changes in supplies of goods or services.
While most people thing of inflation as "evil", the consensus of economists is that a small (<2-3%), consistent amount of inflation is actually "good" - it allows for adjustments in the labor market during small downturns, avoiding recessions, and it avoids a monetary liquidity problem which would cripple a central bank's ability to properly adjust the monetary supply.
In addition, moderate amounts of inflation (5-10%) can also serve a useful purpose: moderate inflation reduces debt loads (as debt fails to accumulate interest faster than inflation reduces the real value of the debt), and encourages spending rather than saving.
That said, without commensurate (or at least moderately similar) rise in income levels, inflation (of any kind) does lower the standard of living of the population.
Inflation and unemployment
INFLATION IS NECESSARY(magar jis speed se mehngai bsdhai h us speed se nhi)
Yes.
to control inflation govt takes necessary steps 1 control high prices 2 issue low level of currerncy
Inflation can become a vicious cycle when employers anticipate an inflationary period and increase wages for employees. Increased wages will contribute to overall costs of production as well as increasing disposable income in the marketplace, thus contributing to even greater potential for inflation in the future.
television "a necessary evil
Inflation and unemployment
The duration of Necessary Evil - film - is 1.45 hours.
yes home work is a necessary evil but we should protest about it
Necessary Evil - film - was created on 2008-12-31.
The Necessary Evil - 1925 was released on: USA: 17 May 1925
Necessary Evil - Salem album - was created on 2007-06-19.
Hamsters are not evil, and do not become evil.
http://encarta.msn.com/dictionary_1861696741/necessary_evil.html Basically, calling something a "necessary evil" is one's way of rationalizing the act of doing something unacceptable/evil by saying that it is necessary. It could also mean something that is absolutely necessary to a country but in a sense it is evil.(truth be told, everything's evil in some sense except for god.)
Yes
Necessary Evil - Deborah Harry album - was created on 2007-09-15.
Inflation.