Inflation is not just a number on a graph, it’s a reflection of a weakening economy. When prices rise faster than incomes, people’s real purchasing power falls
by Adwaid M S
TaxScan
Introduction
When I was 10 years old, I remember asking my father, “Why can’t we just print more money so that nobody has to be poor?” It seemed like the perfect solution to all of India’s problems—just create more currency and hand it out. At that time, like many others, I didn’t understand how economies truly function. Today, at 20, I realize that printing more money might seem like a shortcut to prosperity, but it’s actually a guaranteed path to inflation, chaos, and long-term economic disaster.
Let’s unpack this misconception and understand the deeper truth through simple examples, real-world case studies, and viable economic alternatives.