This paper explores the Economic Theory of Inflation, meticulously progressing from fundamental concepts to intricate …. Key findings elucidate the multifaceted nature of inflation, considering Demand-Pull, Cost-Push, and Phillips Curve … inflation dynamics and expectations. The paper culminates by addressing the imperative of effective economic management …

, and Belgium and Malta being the largest losers. Governments are net winners of inflation, while the household (HH) sector … Spain turn out to be net winners of inflation. Considerable heterogeneity exists also within the HH sector: relatively young … middle class HHs are net winners of inflation, while older and richer HHs are losers. As a result, wealth inequality for the …