The Meaning Of Inflation

Inflation can be a double-edged sword, can't it?

And it has been throughout history since ruling groups have imposed a supply of money - the means of exchange, unit of account, and store of value - on societies that they govern.

Enlightened when used to help keep a society moving, producing new income, insidious when used to otherwise usurp wealth.

In the US and Europe in the last few years, consumer price inflation has been moderate, but asset-price inflation has been "through the roof".

The rest is up to you.