Inflation robs workers of the wealth and the value of their labor and discourages savings, investment, and [[capital]] accumulation.<ref>See Matt 10:10: ''the workman is worthy of his meat''</ref> Inflation creates panic buying, as workers spend their paychecks quickly before their money loses further value. Inflation is a hallmark of [[Socialism]]. | Inflation robs workers of the wealth and the value of their labor and discourages savings, investment, and [[capital]] accumulation.<ref>See Matt 10:10: ''the workman is worthy of his meat''</ref> Inflation creates panic buying, as workers spend their paychecks quickly before their money loses further value. Inflation is a hallmark of [[Socialism]]. |