It is therefore in the interest of the economy, the social structure and the political system that a government and its people shall always be prepared and ready to fight inflation. 3. The causes of inflation Inflation is a rather complex phenomenon of the economy. There is no single cause of inflation.
A caveat to these results is that this and other such empirical work uses a relatively short period of modern experience in attempting to identify effects on long term growth. BIS central bankers’ speeches  7