Why is high inflation a bad thing?

because High inflation puts pressure on a government to increase the value of the state pension and unemployment benefits and other welfare payments as the cost of living climbs higher.

Explanation:

High inflation means prices are raised. Because businesses are forced to raise prices, banks raise interest rates to maintain a good profit margin. Higher rated results in marginal businesses failing. This increases unemployment and affects the entire economy system as a whole.

by using  production possibilities graph.  opportunity costs are key expenses in financial matters and are utilized as a part of registering money saving advantage investigation of a venture. such expenses, be that as it may, are not recorded in the record books but rather are perceived in basic leadership by processing the money costs and their subsequent benefit or misfortune.

industry had made the u.s. the richest nation in the world at this time. the second industrial revolution caused growth in industry and transportation, which allowed increased trade between nations.