WEALTH AND INFLATION

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Inflation is a continuous or sustained increase in the general price level or cost of living of any economy. Wealth on the other hand could be defined as a state of abundance . From the above definitions we wouldn't be wrong to deduce that the wealth level of any rational consumer in an area has some direct relationship with the inflation rate in that area. This is proposed based on the demand law that states; higher demand as a result of lower price. Considering this,its obvious that policy makers must draft out policies that will constantly reduce inflation and relatively grow up employment opportunities else the population of the wealthy in the case country will be definitely growing at a decreasing rate. Inflation is beneficial to a few set in the society with a larger population of the society suffering the negative effect of the inflation. Even wealth distribution is  positively related to lower inflations at such a government that must improve the human centered perspective of their country's growth must always work at reducing its inflation level via its policy makers.

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