https://www.youtube.com/watch?v=heA8ZrrqtBc
You can have inflation as a result of "run away" economic growth with wages going up + up THANKS TO A "POSITIVE" ECONOMIC TREND allowing the price of goods to go up: THIS is fine for those earning their BOOSTED INCOME derived from THE ECONOMIC BOOM, but bad for everybody else. This is THE KIND OF INFLATION we have been used to + have come to expect in GOOD TIMES as THE CAUSE of inflation. HOWEVER, THE "OTHER" CAUSE of inflation is when THE VALUE OF A CURRENCY "FALLS": as a result, the people using that currency are "forced" to pay ... MORE! This is what is HAPPENING NOW to the rupee, the EURO, the British pound, the U.S. $, ... THANKS TO A "NEGATIVE" ECONOMIC TREND that will continue for decades until the World has EXPIATED its MASSIVE DEBTS leaving only China with $$$ to invest. ONLY CHINESE INVESTMENT will have a POSITIVE, PALLIATIVE EFFECT on a contracting global economy. Unfortunately, those NOT FRIENDS of China will bear THE BLUNT FORCE OF THE GLOBAL ECONOMIC CONTRACTION, namely NATO + the QUAD nations in the Pacific. Thanks to China, Latin America, Africa + Central Asia have been having STEADY GROWTH with A GROWING GDP since the year 2000. As the GDP of a nation goes up so does THE VALUE OF ITS CURRENCY along with ITS THE PURCHASING POWER. CHINA'S FOREIGN INVESTMENT is creating in the global economy THE PAX SINICA. (Latin for "Chinese peace": 中华治世). Incidentally, Toronto is becoming THE MEGA CITY of the World THANKS TO CHINA. :D Ken, Toronto, CANADA