Inflation

Cost Push: higher production cost which increases prices, usually result of supply shock. Increases cost force producers increase prices.
Demand Pull: too many dollars chasing few goods. Demand pulls prices, therefore you create a shortage and an overheated economy with excessive spending.
Political panic: Depression or recession.
How inflation helps:
Hurts
- lenders (loan money at fixed rate)
- people with fixed income
- people with fixed wages

Helps
Debtors