Government, People and the Scourge of Inflation

Inflationary conditions have countless detrimental impacts on the low- and middle-income deciles by eroding a part of their purchasing power each month. 
“They gradually erode the households’ resilience and push more people below the poverty line,” Nasser Zakeri, an economic analyst, said in an article for Persian-language daily Shargh. A translation of the text follows:
Inflation rate varies in different countries; some countries see zero or even negative inflation while others report hyperinflation. A brief overview of the latest statistics on inflation across the world provides us with startling information.