Chapter 10, Maggie Chamberlain, Question 7

I've always heard the word inflation thrown around in various situations, but I had never really considered how scary it is how much our government can manipulate it for their own good and hurt us as a result. Basically, the government can devalue our money by driving up inflation and governments actually do this when they are in debt. I had never thought about this, but now I hate the idea that our government can manipulate inflation so that in future years their debt won't cost as much. But, what does that do to us? When we are paid back, our money has lost value. Sure, this is a solution to making government's debts seem smaller, however it's a very selfish solution.