Inflationary risks

A possible rising inflation is a subject treated very cautiously by journalists and economists. Asked what they would do to control it economists give some insight in the possible mechanisms and surely save themselves with the complexity of the structures in the case that readers and listeners try to take an advantage against them of these explanations presuming that they are less informed. A few points seem to be troubling: 1. prices do not rise only because of a higher demand, they can be raised on products, over time, consumers depend on to increase profit (while it is imperative to move in on cartels), 2. this lift in prices can spread without cartels just as a cause-effect-chain in globally interlocked economies ("take it where you can get it"), 3. if economy does no longer follow an overall view of individual AND social prosperity as a balanced system disruption processes are possible to occur in a way that individuals and groups who were particpating actively in an economic system and contributed to welfare before get permanently marginalised, no longer able to maintain their purchasing power for the goods they were used to, 4. an attitude of exclusive personal profit can lead to new hierarchies and social structures oriented towards positions based on money and purchasing power purely shown (appearance, behaviour), decoupling from traditional bonds of careers based on personal performance, development and responsibility, and reduced to economic power.

Political parties might be qualified in the future according to their ability to guarantee social cohesion and welfare and personal development in different parts of society.

See also "Disruption processes", 2021/5/5, and "Inflations-Tendenzen", 2021/5/11.