Why inflation is unjust?

Answer 1

inflation deprive the consumer of their purchasing power.Inflation increase the inequalities in the society,it hurts the poor people and gives benefit to the upper class.It reduces savings and discourages in the economy.Inflation encourages the hoarding essential goods by traders,it stimulates speculative activities.Inflation disrupts the smooth functioning of price mechanism.An uncontrolled result in the break down of the monetary system of the country,if the speed or inflation is high the export decline due to higher production costs and imports increases...