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In Economics, the meaning of inflation is rising prices for goods and services in general within a certain period. According to the adherents of Monetarist theory, the main cause of inflation is money supply. Even in the Monetarist view of the famous Economist Milton Friedman “Inflation is always and everywhere a monetary phenomenon.”

In the western economic system have argued that inflation is positive because there are, among others, useful to encourage investment in real sector. When inflation is high people tend to not retain  in the form of money? but in the form of goods, demand for goods is a rotating lift production and the economy.

In Islam, the real production sector inflation is not driven by money but by a faster lap. Wealth is not for hoarding but it spins into the wider community? spin not only on the rich but also on the poor. In the view of Ibn Taymiyyah, the government is printing money beyond the needs of the transaction?  causes inflation? is the government that  people.

Ibnu Taymiyya’s view this is actually more fitting for modern humans at this time though. The world’s governments will be able to maintain the prosperity of its people if they can reduce or even eliminate inflation? if only they would!

Rice Price in U.S. $ example of how inflationary hardship on the people around the world can you see in the chart on the side. The graph that I created based on data issued by the International Rice Research Institute (IRRI) this shows that in 5 years alone, the price of rice in the world has experienced an average increase of nearly 2X as much. Yet very little portion of the world population could increase their incomes 2X fold in that period.

That is, the average level of prosperity of the world population declining? because of declining purchasing power of this money. It also can we feel in our homes each. Could have increased our income from year to year, but why not live load feel lighter ya? If you feel the same? so this could be because your income increases less rapidly with inflation of the prices of your basic needs.

Which can control inflation is the government’s monetary authorities in particular; people like us can not control this inflation. Even so, in fact nothing could be done by people like you and not to be victims of inflation. With what can we do? Resistance? against inflation?

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