Inflation

Due to the Treaty of Versailles, Germany had to pay reparations to France, Belgium and Britain (£6.6 billion). The reparations were due to start in 1921. French and Belgium troops invaded the Ruhr in response to the German Government failure to pay the reparations they owed. Germans workers were then forces to go on strike in the Ruhr but continued to get paid. The German Government printed more money to pay the German workers and to pay the reparations they owed the other countries. Then the workers on strike got more money that they could buy things from the shop. As they spent more money in shops they shop keepers put their prices up. The German Government carried on printing money so the shopkeepers raised their prices again. Then prices were inflating do fast that it was known as hyperinflation. By November 1923 a loaf of bread cost around 20 million marks.

Most of the values are based on historical or original price. The balance sheet does not account for inflation, therefore the numbers will be incorrect when it comes to the actual price of inventory.

Too much inflation will ruin the economy but small levels of inflation will spur growth.

Inflation is very harmful to any economy because it can ruin the economy's development and growth and this is not suppose to be. Inflation is also very harmful to any economy because the people living in that economy might not survive the situation and this is when you see that an economy is affected and if nothing is done to it, it can cause an economy to collapse.

3. HUBUNGAN HUKUM PAJAK DENGAN HUKUM PERDATA

Prof. Mr. W.F. Prins, mantan guru besar Ilmu Hukum Pajak di UI dalam bukunya "Het Belanstingrecht van Indonesia" mengatakan bahwa hubungan erat ini sabgat mungkin timbul karena banyak dipergunakannya istilah2 hukum perdata dalam perundang-undangan pajak.

Sebaliknya pengaruh hukum pajak terhadap hukum perdata, sebagai akibat ketentuan bahwa "lex specialis derogate lex generalis"(peraturan yang khusus mengalahkan peraturan yang umum). Maka dalam setiap PENAFSIRANNYA pertama-tama dianut peraturan yang khusus ini.

4. HUBUNGAN HUKUM PAJAK DENGAN HUKUM PIDANA

Ketentuan-ketentuan pidana yang diatur dalam KUHP banyak dipergunakan dalam Hukum Pajak.

LIHAT :

UU No.6 tahun 1983 tentang "Ketentuan Umum dan Tata Cara Perpajakan" pasal 38 dan 39 yang kemudian DIUBAH dengan UU No.16 Tahun 2000: JELAS sekali menyebutkan adanya SANKSI PIDANA (berupa KEALPAAN dan KESENGAJAAN) terhadap wajib pajak yang melanggar ketentuan di bidang perpajakan.

Bahkan, ANCAMAN2 pidana dalam hukum pajak selalu MENGACU pada ketentuan hukum pidana.Misal: è thd wajib pajak yang MEMINDAHTANGANKAN atau

MEMINDAHKAN hak atau merusak barang yang telah disita karena tidak melunasi utang pajaknya akan DIANCAM pasal 231 KUHP

1.3 million dollars in 1960 was worth $10,409,530.41 in 2015.

The 1800s span a long time time. Around 1800 Britain was at war with France, and there was inflation. Moreover, between 1815 (the end of the Napoleonic Wars) and 1899 prices rose by about 30-40%. Please bear in mind that some prices, especially those of essential foodstuffs and medium quality clothes fell, but the cost of coal rose by 50%+ over the same period. It's impossible to give an exact equivalent, as their were so many inventions in that period. For example, in 1820 people travelled by horse-drawn coaches; from the 1840s onwards rail travel became increasingly common. In 1820 the cost of postage was staggeringly high, but by 1899 a number of people were spending money on luxuries like the telephone - initially quite expensive ... A handful of peope at the very end of the period were enjoying themselves driving in motor cars - extremely expensive before the invention of the assembly line ...

1820: one pound corresponds roughly to 85 pounds now.

1895: one pound corresponds to about 55-60 pounds now.

With a date of 1935 the coin is a PEACE dollar. This is the last year issue for all U.S. silver dollars. It was struck in Philadelphia (no mintmark) and San Francisco. Assuming it's circulated and has no 'S' mintmark, average values are from $30.00 to $55.00 depending on the actual grade of the coin.

Inflation rate is calculated by Reserve Bank of India . For inflation rate , basic necessitygoods price is taken as base and on that bases inflation rate is calculated.

The GPI says it would cost $1568.14 in 2006 In 2005, $1,000.00 from 1990 is worth: *$1,494.26 using the Consumer Price Index *$1,381.79 using the GDP deflator *$1,591.39 using the unskilled wage *$1,810.08 using the nominal GDP per capita *$2,146.40 using the relative share of GDP

After the end of the First World War, political parties that came into being in Germany decided to reform German polity. This gave birth to the German Weimar Republic.

However, following the signing of the Treaty of Versailles, Germany was forced to pay reparation in the form of money. When the gold reserves in Germany were exhausted, Germany began to print the German Mark in huge numbers and this caused the Economic Depression of the 1930s.

It was amidst this confusion that Hitler marked his rise to power. The people held the Weimar Republic responsible for the Depression and broke their faith in the government.

Hitler's extensive propaganda to win the hearts of the people promised them a better future of economic prosperity. Demonstrations envisaged the ideals of unity and strength which won the confidence of the Germans.

A mixed economy solves the basic economic problems in various ways. For instance the challenge of what to produce is resolved through price mechanisms.

Money itself, as it is used in today, is an idea only. When money isn't backed by something solid it is less valuable than previously and causes things to cost more because of the lack of solidity of the money as it is only an idea and everyone is trying to capture the idea and make it concrete. Perhaps also because if there is more money in circulation in theory people have more money to spend, therefore they can afford to spend more.

The Sep 2009 CPI index for FBT (Food, Beverage, Tobacco) went from 152.4 from 151.4 in Aug '09 for NCR (Nat'l Capital Region). That's a .66 % increase in one month. An annual or 12 month period (if each month is .66%) rate would be 8.21%.

If I understand your question correctly, when dealing with inflation, a dollar earned today is worth more than a dollar earned at any time in the future. This has to do with the concept of the present value of money. Because inflation devalues the dollar over time, a dollar earned today is worth more than say, a dollar earned five years from now.

There's so much pollution in the air now that if it weren't for our lungs there'd be no place to put it all.Robert Orben, 03/14/1927 -

www.sagewisdomquotes.com

current inflation rate in harris county

$1.00 in 1946 had the same buying power as $13.00 in 2016.

Solutions for inflation are,

A. Technological advancement as it will decrease the per unit cost in the country and will support the industries to meet the excess demand pull and cost push problems. That will reduce the inflation in Pakistan.

B. If it is demand pull inflation so Government should charge higher amount of taxes and facilitate more with the help of subsidies to firms by which they could meet up the problems of excessive demand and cost problem. That will also surely help us to solve the Inflation problem in Pakistan.

By: Ghamz-e-Ali

falconsial@yahoo.com

$10.00 in 1955 had the same buying power as $88.59 in 2016.

Increasing wages for workers drive up the cost of production, forcing producers to charge more to meet their costs.

~Rising production costs~

Inflation affects low income earners more than high income earners. This is because low income earners' income tends not to rise as quickly as prices, therefore, their purchasing power decreases. Also, low income earners do not have the skills to demand higher wages. It should be noted that high inflation generally leads to interest rate increases. This affects low income earners' cost of living and compounds the other affects of inflation. So, inflation decreases purchasing power of low income earners relative to high income earners, whose income increase as quick as inflation. Ultimately, income distribution becomes less equal.

If banks produce more money to suit everyone's needs, something called inflation occurs. Inflation will cause the purchasing power of money to decrease, that is, a loss of value of money. The money will be worth less to account for the extra money.

Suppose the state is trying to decide how many miles of a very scenic river it should preserve. There are 100 people in the community, each of whom has an identical inverse demand function given by P = 10-1.0q, where q is the number of miles preserved and P is the per mile price he or she is willing to pay for q miles of preserved river. If the marginal cost of preservation is $500 per mile, how many miles would be preserved in an efficient allocation?

Inflation:

Especially luxurious emperors like Commodus depleted the imperial coffers. By the time of his assassination, the Empire had almost no money left.

Money could be acquired by taxation or by finding new sources of wealth, like land, but the Empire had reached its furthest limits by the time of Trajan.

Nero and other emperors debased the currency in order to supply a demand for more coins. By debasing the currency is meant that instead of a coin having its own intrinsic value, it became representative of the silver or gold it had once contained. By the time of Claudius II Gothicus (268-270 A.D.) the amount of silver in a supposedly silver denarius was only .02%.

This led to or was severe inflation, depending on how you define inflation.

Land:

Rome's wealth was originally in land, but this gave way to wealth through taxation.

The Cato Institute says that emperors deliberately overtaxed the senatorial (or ruling) class in order to render it powerless. To do this, the emperors needed a powerful set of enforcers -- the imperial guard.

Once the wealthy and powerful were no longer either rich or powerful, the poor had to pay the bills of the state. These bills included the payment of the imperial guard and the military troops at the empire's borders.

"Feudalism":

Since the military and the imperial guard were absolutely essential, taxpayers had to be compelled to produce their pay. Workers had to be tied to their land.

To escape the burden of tax, some small landowners sold themselves into slavery, since slaves didn't have to pay tax and freedom from taxes was more desirable than personal liberty. Since the Empire wasn't making money from the slaves, the Emperor Valens (368) declared it illegal to sell oneself into slavery.

The small landowner had become a feudal serf.

the price of things has risen while your salary did not, meaning you have lesser number of items you can buy with the money you have as compared to what you could have bought before inflation.