Inflation, the monster that eats everything, good or bad 👹
IInflation makes everything more expensive, meaning that people cannot afford as much and must cut back. Previously affordable things must be scaled back, regardless if such scaling back is good or bad.
Inflation encourages conservation and cutting of wasteful spending but at the same time not all spending is bad. It encourages smaller cars and more insulation. It encourages people to reevaluate their budgets and work to live more within their means.
Inflation means that some very good government programs like college tuition programs or open space conservation will be killed off or reduced. Public programs often are victims of inflation as budgets are busted.
