Panch Tattva Wisdom

Moderate inflation has increasingly become a political slogan rather than an economic discussion.
Inflation does not affect everyone equally. Those who own productive assets that appreciate with inflation generally preserve or enhance their wealth, while those holding mainly cash or low-yield assets lose purchasing power.
In the medium term, incomes usually catch up with inflation in most cases. The greater economic danger is persistent deflation, which weakens demand, discourages investment, and slows growth.
Yet, every bout of moderate inflation is often projected as evidence of economic failure, while the far greater risks of deflation receive little attention. A mature economic debate should distinguish between moderate, manageable inflation and high, persistent inflation, rather than reducing the issue to political rhetoric.

Krishna Khandelwal