Summary

Inflation as a decrease of purchasing power of money is expressed in impairment of money, this is an important significant indicator of microeconomic instability, whose growth is followed by severe economic consequences.  The negative impact of inflation is most clearly reflected in social sphere, it's socio-economic consequences are as follows:

Impairment of monetary income and cash savings,

Inflation is also a hidden confiscation of cash in the hands of the population through taxes and physical and legal entities are treated to a higher taxpayer,

Inflation and money purchasing power are inversely proportional,

The more the one increases, the second is reduced,

People's hard-earned money buying ability deprive by increasing inflation,

People have to buy fewer goods and services that lead to worsening of their quality of life.