Dr. David Ackah PhD
Institute of Project Management Professionals
Executive Summary
The relationship between inflation and the government’s stance on the issue is filled with obscurity and confusion. There have been many conjectures which state that the government is the people’s ally against inflation and wants to prevent it at any cost. At the same time, there have been numerous economic conjectures stating the exact opposite i.e. that the government is not the people’s ally. Rather the government benefits off the inflation that the common man suffers from. These opposing viewpoints may confuse a new person who is trying to study the subject. Hence, it is important that the debate be addressed and the points for and against the issue be considered before arriving at a conclusion. This article will make an attempt to do the same.
Keywords: Inflation, Hyperinflation, Measurement of Inflation, Deflation, Government Inflation