Actions taken by individuals, firms, and governments have an impact on other actors in the economy that may be predictable, although the level of predictability depends on the complexity of the actions involved. There is always a degree of risk and uncertainty about the future because people are often reevaluating, learning from their mistakes, and changing their minds, thus making it difficult to predict their behavior in the future. There is no such thing as a free lunch. Price is the information on consumer and producer agreement. The market, not the state, should determine money and credit.
Inflation is an increase in the quantity of money and credit.
Its chief consequence is soaring prices. For this the government's monetary policies are entirely responsible. The most frequent reason for printing more money is the existence of an unbalanced budget. Unbalanced budgets are caused by extravagant expenditures which the government is unwilling or unable to pay for by raising corresponding tax revenues. The excessive expenditures are mainly the result of government efforts to redistribute wealth and income - in short, to force the productive to support the unproductive.