People are conditioned to expect rising prices, but few grasp the real reasons behind it. Inflation isn’t just about shortages or consumer demand. It’s about how scarce resources are and who gets newly created money first. Those near the money printer, like banks or borrowers, spend fresh currency before prices adjust, driving up costs for what they buy. This ripples outward, raising other prices at different speeds based on economic activity and resource scarcity. Inflation is a vector; it’s a force that pushes prices up at different rates. The rate of price increases from inflation depends on scarcity and proximity to the source of money creation.