Why is inflation usually reported as an economic evil?

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Why is inflation usually reported as an economic evil?

1. Can states control the amount of money in circulation?

2. Does liquidity preference have a significant impact on the contemporary
economy?

3. Why are we seeing a rise in inflation in early 2022? Discuss with reference to any
one theory of inflation.

4. Why is inflation usually reported as an economic evil?

5. Can states control interest rates?

6. Do profit rates determine interest rates?

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