Inflation robs workers of the wealth, the value of their labor, discourages savings, investment, and [[capital]] accumulation. Inflation creates panic buying, as workers spend their paychecks quickly before their money loses any more value. Inflation is a hallmark of [[Socialism]]. | Inflation robs workers of the wealth, the value of their labor, discourages savings, investment, and [[capital]] accumulation. Inflation creates panic buying, as workers spend their paychecks quickly before their money loses any more value. Inflation is a hallmark of [[Socialism]]. |