Print, baby, print

Print baby print. How does it matter? In layman's lingo, inflation is erosion of value for money. It's a vicious circle out there as inflationary economy always encourages debts, and rising debts lead to further inflation. Inflation helps hoarders, middlemen and speculators to breed and prosper. That implies, inflation favours the most unproductive people of the society the most. And as a result when there is appreciable fall in the productivity of the whole system, defaults become the order of the day. Printing more money is nothing but blowing up the vicious circle.

We have become so obsessed with money and economy that we give a damn to society. Hyper inflation supports uneven and unjust distribution of wealth which leads to social ills and erosion of social values. We are falling in a pit. Will somebody stop that mint please.